After a few solid trading sessions, Canada’s main stock index slid back into negative territory on Monday. Tech and industrial shares moved higher.
As Wall Street returned from a holiday weekend, unrest in China over restrictive COVID controls weighed on sentiment domestically and abroad, helping to push markets lower.
Today in the Markets
The Canadian dollar traded for 74.10 cents US, compared to 74.72 cents US on Friday.
US crude futures traded $0.59 higher at $76.87 a barrel, but the Brent contract lost $0.68 to $82.95 a barrel.
The price of gold was down US$9.42 to US$1,741.52.
In world markets, the Nikkei was down 120.20 points to 28,162.83, the Hang Seng was down 275.64 points to 17,297.94, the FTSE was down 12.65 points to 7,474.02, and the DAX was down 158.02 points to 14,383.36.
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