The Toronto Stock Exchange, which was up 130 points earlier, has turned negative and is now down 46 points on mixed sectors.
The biggest decliners are technology and energy stocks, both down 1%.
Telecoms, up 0.5%, is the biggest gainer.
Oil prices rose early on Monday, a day before the promised imposition of U.S. tariffs on goods from the country’s largest trading partners, while geopolitical issues remain in focus following a fiery meeting Friday between Ukraine President Volodymyr Zelensky and U.S. President Donald Trump.
Gold prices rose as the dollar plunged ahead of the start of promised U.S. tariffs, while safe-haven demand increased after the heated Friday meeting between U.S. President Trump and Zelensky, his Ukrainian counterpart. Also, natural gas futures rose early on Monday on declining U.S. inventories and tighter supply.
Angelo Kourkafas over at Edward Jones published a ‘Weekly Market Wrap’ in which he noted the S&P…
