S&P/TSX composite down more than 100 points, U.S. stock markets also lower

Toronto's financial district is pictured Dec. 30, 2011. THE CANADIAN PRESS/Frank Gunn

TORONTO - Canada's main stock index finished in negative territory, while the U.S. stock market鈥檚 record-breaking rally slowed on Monday after uncertainty rose over the weekend about what will happen next in the Iran war.

The S&P 500 inched 0.1 per cent higher to its latest all-time high, a downshift following weeks of big gains driven by strong corporate profit reports and hopes that the economy can avoid a worst-case scenario because of the war.

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