As fighting rages in Ukraine and the Kremlin said peace talks had yet to see any major breakthroughs, but Canada’s main stock index opened the week on an upbeat note, entering a new bracket. European Union nations consider joining the US in a Russian oil embargo, Brent crude went above $114 a barrel, jolting energy stocks. The health care and tech sectors moved lower. Japanese markets were closed for the Spring Equinox.
Oil prices rose and investors weighed developments around the Russia-Ukraine conflict, both of which helped keep the main US indexes lower. Boeing shares dove 3.6% after a 737-800 jet crashed in China.
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The Canadian dollar traded for 79.44 cents US compared with 79.23 cents US on Friday.
Crude oil prices were up 5.22 to $109.90.
The price of gold was up 9.38 to $1,928.07.
In world markets, the Nikkei remained at 26,827.43, the Hang Seng was down 191.06 points to 21,221.34, the FTSE was up 37.66 points to 7,442.39, and the DAX was down 86.12 points to 14,326.97.
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