Canada’s main stock index moved higher on Monday as copper prices rose but worries over the ongoing crisis in the Middle East capped gains at the start of an earnings-heavy week. While the financial sector led the gainers, mining came in second, followed by industrials, and a spike in tech shares.
Wall Street traders brushed off a rise in Treasury yields as markets rallied while earnings season heats up this week with 11 per cent of the S&P 500 slated to report results.
TSX | 19,620.80 | +157.94 | |
TSXV | 533.38 | +4.25 | |
CSE | 171.64 | -2.29 | |
DJIA | 33,984.54 | +314.25 | |
NASDAQ | 13,567.98 | +160.75 | |
S&P 500 | 4,373.63 | +45.85 | |
The Canadian dollar traded for 73.44 cents U.S., compared to 73.20 cents U.S. on Friday.
U.S. crude futures traded $0.72 lower at $86.97 a barrel, but the Brent contract lost $0.68 to $90.03 a barrel.
The price of gold was down US$6.24 to US$1,919.36.
In world markets, the Nikkei was down 656.96 points to 31,659.03, the Hang Seng was down 173.09 points to 17,640.36, the FTSE was up 31.03 points to 7,630.63, and the DAX was up 51.33 points to 15,237.99.
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