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Weaker-than-expected Chinese data revived fears about a global economic slowdown on Monday, putting a dent in oil prices and sending energy stocks tumbling. Canada’s main stock index fell from its nine-week high. The mining sector also lost ground.


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It was a choppy day on Wall Street that saw the main indexes come out in the green, thanks to a rise in megacap growth and technology stocks that powered a recovery from early losses on slowdown worries after China’s weak economic data.

Today in the Markets

TSX 20,180.60 +0.79 TSX
TSXV 678.50 -1.99 TSXV
CSE 287.47 +0.08 TSXV
DJIA 33,912.44 +151.39 DJIA
NASDAQ 13,128.05 +80.87 NASDAQ
S&P 500 4,297.14 +16.99 S&P 500

The Canadian dollar traded for 77.46 cents US compared to 78.25 cents US on Friday.

US crude futures traded 3.44 per cent lower at $88.92 a barrel, while the Brent contract lost 3.64 per cent to $94.58 a barrel.

The price of gold was down US$19.39 to US$1,801.81.

In world markets, the Nikkei was up 324.80 points to 28,871.78, the Hang Seng was down 134.76 points to 20,040.86, the FTSE was up 8.40 points to 7,632.69, and the DAX was up 20.76 points to 13,816.61.


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