Canada’s main stock index was down almost 190 points Monday, weighed down by losses in information technology, utilities and energy, while U.S. stock markets were also in the red.
The S&P/TSX composite index down 189.70 points at 19,921.81.
In New York, the Dow Jones industrial average was down 211.16 points at 33,536.70. The S&P 500 index was down 35.68 points at 3,957.25,while the Nasdaq composite was down 127.11 points at 11,196.22.
Get weekly money news
The Canadian dollar traded for 75.26 cents US compared with 74.75 cents US on Nov. 10.
- Blockbuster $22B Shell-ARC deal bodes well for expansion to LNG Canada, experts say
- Shell to buy Canada’s ARC Resources in output-boosting $16.4 billion deal
- Cenovus says oilfield extension off Newfoundland will hike emissions by 21 per cent
- Oilsands have strong growth potential, but pipeline constraints loom: Enverus
The December crude oil contract was down US$3.09 at US$85.87 per barrel and the December natural gas contract was up 5.4 cents at US$5.93 per mmBTU.
The December gold contract was up US$7.50 at US$1,776.90 an ounce and the December copper contract was down eight cents at US$3.83 a pound.
Comments
Want to discuss? Please read our Commenting Policy first.