Canada’s main stock index dipped on Monday, dragged down by losses in the energy and tech sectors while U.S. markets were mixed.
The S&P/TSX composite index was down 35.24 points at 22,779.57.
In New York, the Dow Jones industrial average was down 49.41 points at 40,539.93. The S&P 500 index was up 4.44 points at 5,463.54, while the Nasdaq composite was up 12.32 points at 17,370.20.
Hadiza Djataou, fixed income portfolio manager with Mackenzie Investments, said Bay Street appeared to be taking a breather Monday after an extended winning streak that saw the TSX climb to record heights earlier this month.
Investors may also have been taking time to catch their breath given how much market-moving news is happening this week, Djataou said. In the spotlight is an upcoming interest rate announcement by…
