It was another day in the red on a light trading day for Canada’s main stock index on Monday. Energy stocks fell on declines in commodity prices, while traders eagerly await key domestic economic data and U.S. Federal Reserve Chair Jerome Powell’s testimony later this week. The utilities and mining sectors saw gains.
U.S. markets were closed for Juneteenth.
The Canadian dollar traded for 75.66 cents U.S., compared to 75.74 cents U.S. on Friday.
U.S. crude futures traded $0.49 lower at $71.29 a barrel, and the Brent contract added $0.52 to $76.09 a barrel.
The price of gold was down US$6.71 to US$ 1,950.39.
In world markets, the Nikkei was down 335.66 points to 33,370.42, the Hang Seng was down 127.48 points to 19,912.89, the FTSE was down 54.24 points to 7,588.48, and the DAX was down 156.43 points to 16,201.20.
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