TORONTO — Canada’s main stock index dipped in the aftermath of its strongest week in nearly a year as North American markets eagerly await this week’s U.S. inflation numbers for January.
The S&P/TSX composite index closed down 36.35 points to 21,235.50.
In New York, the Dow Jones industrial average was up 1.39 points at 35,091.13. The S&P 500 index was down 16.66 points at 4,483.87, while the Nasdaq composite was down 82.34 points at 14,015.67.
The Canadian dollar traded for 78.81 cents US compared with 78.38 cents US on Friday.
The March crude contract was down 99 cents at US$91.32 per barrel and the March natural gas contract was down 34 cents at US$4.23 per mmBTU.
The April gold contract was up US$14 at US$1,821.80 an ounce and the March copper contract was down 2.5 cents at US$4.46 a pound.
This report by The Canadian Press was first published Feb. 7, 2022.
