NEW YORK (MarketWatch) -- The composite index was down 10 points, or 0.9%, to 11,621, with the materials sector leading the loss /zigman2/quotes/210598474/delayed XX:TORGC195 -1.52% , falling 2.5%. Shares of gold-mining company Barrick Gold /zigman2/quotes/209252292/delayed CA:ABX -3.37% [s:abx ] fell 5.3%, Goldcorp Inc. /zigman2/quotes/225792379/delayed CA:G +1.57% was down 3.7% , and Kinross Gold Corp. /zigman2/quotes/200423011/delayed CA:K -3.26% /zigman2/quotes/208295151/composite KGC -3.86% fell 6.7%. Gold futures for delivery in August tumbled 2.8% to $1,588.20 an ounce on the Comex division of the New York Mercantile Exchange.
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Canada stocks drop; oil, gold shares hit by Fed