The TSX index gave back 45 basis points on Monday, weighed down by energy, mining, healthcare and telecom stocks, as well as US President Trump’s proclamation that tariffs on Canadian fertilizer may be on the horizon. The index remains near a record high, holding on to a more than 25 per cent return year-over-year.
US markets took a similarly sized fall, reflecting rising bond yields, boosting their relative attractiveness, in line with widespread expectations of a rate cut from the US Federal Reserve on Wednesday. The Bank of Canada will announce its policy interest rate that same morning.
| TSX | 31,169.97 | -141.44 |  |
| TSXV | 925.01 | −14.75 | |
| CSE | 151.65 | -3.75 | |
| DJIA | 47,739.32 | -215.67 | |
| NASDAQ | 23,545.90 | −32.22 | |
| S&P 500 | 6,846.51 | −23.89 | |
The Canadian dollar traded for US$0.7214, down from US$0.7237 on Friday.
US crude futures traded US$1.23 lower to US$58.85 per barrel, while the Brent contract gave back US$0.01 to US$62.48 per barrel.
The price of gold was down by US$22.10 to US$4,220.90 per ounce.
In world markets, the Nikkei index was up by 90.07 points to 50,581.94, the Hang Seng was down by 319.72 points to 25,765.36, the FTSE was down by 21.92 points to 9,645.09, and the DAX was up by 17.87 points to 24,046.01.
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