The Globe and Mail reports in its Thursday edition that Canada's main stock index fell on Wednesday for a third straight day as a drop in commodity prices weighed on resource shares. A Reuters dispatch to The Globe says that U.S. stocks closed barely changed, as investors weighed Federal Reserve officials' recent comments for signals on the path of interest rates and focused on the direction of Treasury yields. The S&P/TSX Composite Index ended at 19,530.21, down 45.38. On Friday, the Canadian benchmark notched its highest closing level in six weeks. The energy sector fell 2 per cent as the price of oil dropped to its lowest level in more than three months on concerns over waning demand in the U.S. and China. U.S. crude oil futures settled 2.6 per cent lower at $75.33 (U.S.) a barrel. "Oil is looking oversold at current levels, so the possibility of a bounce can't be ruled out," said David Morrison, senior market analyst at Trade Nation. The materials group was down 2.1 per cent as gold and copper prices lost ground. Nuvei was among the biggest gainers. Its shares climbed 19.9 per cent after the company beat third-quarter revenue estimates. On Wall Street, the S&P 500 and Nasdaq eked out small gains.