Another dip in crude prices hurt energy stocks and kept Canada’s main stock index lower on Tuesday. The heavyweight mining, financial and industrial sectors also fell, offsetting success from another bump in gold prices. Investors await the results of the Bank of Canada’s monetary policy meeting Wednesday.
U.S. traders have been preparing for more earnings reports from major companies. The main indices dropped, including the S&P 500, after the benchmark posted its best day in more than a month.
| TSX | 22,813.75 | -58.90 |  |
| TSXV | 583.44 | +1.39 |  |
| CSE | 171.26 | -0.01 | |
| DJIA | 40,358.09 | -57.35 | |
| NASDAQ | 17,997.35 | -10.22 | |
| S&P 500 | 5,551.92 | -12.49 | |
The Canadian dollar traded for 72.59 cents U.S. compared with 72.82 cents U.S. on Monday.
U.S. crude futures traded $1.03 lower at $77.37 a barrel, and the Brent contract lost $0.97 to $81.43 a barrel.
The price of gold was up US$11.40 to US$2,407.32.
In world markets, the Nikkei was down 4.61 points to 39,594.39, the Hang Seng was down 166.52 points to 17,469.36, the FTSE was down 34.87 points to 8,163.91, but the DAX was up 150.63 points to 18,557.70.
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(Top image: File)