TORONTO — Canada’s main stock index dipped Monday while U.S. markets were mixed ahead of a busy week that will see lots of economic data, the start of U.S. earnings season, and a Bank of Canada interest rate decision.
The S&P/TSX composite index was down 4.08 points at 22,260.30.
In New York, the Dow Jones industrial average was down 11.24 points at 38,892.80. The S&P 500 index was down 1.95 points at 5,202.39, while the Nasdaq composite was up 5.43 points at 16,253.96.
Markets were flat, but leaning into the green for most of the day in a much calmer showing compared with last week’s volatility, said Mona Heidari, senior financial advisor at BlueShore Financial.
But that volatility is likely to return as the week rolls on, she said.
“There’s a lot that’s happening this week,” she said.
Wednesday will bring the Bank of Canada’s interest rate decision, as well as U.S. consumer inflation data.
Later in the week, more inflation…
