Canada's largest stock market took a dive in late morning trading as it returned from a holiday weekend.
The Toronto Stock Exchange's S&P/TSX composite index was down 111.34 points at 14,471.40 after two hours of trading.
Gold stocks were a bright spot but that was overcome by declines in pharmaceutical, energy and other resource stocks.
In New York, the Dow Jones industrial average was down 94.64 points at 18,309.87, the broader S&P 500 composite index fell 15.55 points to 2,155.29 and the Nasdaq composite 53.88 points to 5,130.32.
The Canadian dollar was at 76.42 cents US, down 0.17 of a cent from Friday's close.
The August crude contract was up two cents at US$40.08 per barrel and August natural gas was down 1.4 cents at US$2.76 per mmBTU.
The December gold contract was up $13.80 at US$1,373.40 an ounce and September copper contracts rose nearly two cents to almost US$2.22 a pound.
This content appears as provided to The Globe by the originating wire service. It has not been edited by Globe staff.