S&P/TSX composite down more than 250 points, U.S. stock markets also lower

A man walks past a building in Toronto that used to house the Toronto Stock Exchange on August 18 2011.THE CANADIAN PRESS/Aaron Vincent Elkaim

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TORONTO - Canada's main stock index fell more than 250 points in late-morning trading, weighed down by losses in the technology sector, while U.S. stock markets also moved lower.

The S&P/TSX composite index was down 276.31 points at 29,592.28.

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