It was another day in the red for Canada’s main stock index as commodity prices fell, riling up uncertainty among investors awaiting U.S. Federal Reserve data this week. The industrials and healthcare sectors were the only gainers in an otherwise broad decline across the TSX.
U.S. markets moved higher in this shorter week on Wall Street as traders assess the stability of the current rally south of the border and markets hover near record highs. NVIDIA Corp. (NDAQ:NVDA; NEO:NVDA) hit a fresh record high during trading.
The Canadian dollar traded for 72.83 cents U.S. compared with 72.81 cents U.S. on Friday.
U.S. crude futures traded $2.03 higher at $80.48 a barrel, and the Brent contract added $1.78 to $84.40 a barrel.
The price of gold was down US$8.92 to US$2,320.00.
In world markets, the Nikkei was down 712.12 points to 38,102.44, the Hang Seng was down 5.66 points to 17,936.12, the FTSE was down 3.58 points to 8,143.28 but the DAX was up 71.72 points to 18,073.74.
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