Canada’s main stock index lost some ground to start the week while strong earnings and positive trade sentiment pushed the S&P 500 in the United States to a record high.
The S&P/TSX composite index closed down 16.96 points on Monday at 16,387.53.
In New York, the Dow Jones industrial average gained 132.66 points to close at 27,090.72. The S&P 500 index closed up 16.87 points at 3,039.42, while the Nasdaq composite was up 82.87 points at 8,325.99.
The Canadian dollar traded for an average of US76.59¢ compared with an average of US76.56¢ on Friday.
The December crude contract was down US85¢ at US$55.81 per barrel and the December natural gas contract was up US9.6¢ at US$2.56 per mmBTU.
The December gold contract was down US$9.50 at US$1,495.80 an ounce and the December copper contract was up 0.75 of a cent at US$2.68 a pound.