Canada’s main stock index dropped on Monday, mirroring global market downturns, despite a boost in investor sentiment from a newly announced trade agreement between the US and the European Union ahead of the August 1st tariff deadline.
Meanwhile, US markets showed mixed performance, with investors reacting cautiously to the trade deal. The limited enthusiasm followed President Donald Trump’s Sunday announcement that the US and the EU had agreed to reduce tariffs to 15 per cent. The NASDAQ hit a new intraday high.
| TSX | 27,405.42 | -88.93 |  |
| TSXV | 789.43 | -11.70 | |
| CSE | 133.97 | +1.08 |  |
| DJIA | 44,837.56 | -64.36 | |
| NASDAQ | 21,178.58 | +70.27 | |
| S&P 500 | 6,389.77 | +1.13 | |
The Canadian dollar traded for 72.80 cents US compared to 73.94 cents US on Friday.
US crude futures traded US$1.69 higher at US$66.85 a barrel, and the Brent contract rose US$1.74 to US$70.18 a barrel.
The price of gold was down US$23.56 to US$3,314.75.
In world markets, the Nikkei was down 457.96 points to ¥40,998.27, the Hang Seng was up 173.78 points to HK$25,562.13, the FTSE was down 38.87 points to ₤9,081.44, and the DAX was down 247.14 points to €23,970.36.
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