S&P/TSX composite down about 40 points, U.S. markets also in negative territory

The fading name on the building in Toronto that used to house the Toronto Stock Exchange is shown on Thursday, August 18 2011. THE CANADIAN PRESS/Aaron Vincent Elkaim

TORONTO - Canada's main stock index finished in negative territory Monday, weighed down by declines in precious metal prices, while U.S. markets also fell. 聽

Pierre-Beno卯t Gauthier, vice-president of investment strategy at IG Wealth Management, said the basic materials sector on the S&P/TSX composite index felt the effect of silver prices going 鈥減arabolic overnight before suddenly shifting in a dramatic reversal.鈥澛

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