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TSX recap: Index dips 0.10% on energy weakness

TSX recap: Index dips 0.10% on energy weakness

BNN Bloomberg
Tuesday, March 05, 2024 09:45:05 AM UTC

Canada's main stock index ticked lower on Monday, weighed down by weakness in energy stocks, while U.S. markets also eased from the highs they hit last week.

The S&P/TSX Composite Index closed down 21.28 points, or 0.10 per cent, at 21,531.07. The energy index was down 1.2 per cent amid lower oil prices. 

In New York, the Dow Jones Industrial Average was down 97.55 points at 38,989.83. The S&P 500 Index was down 6.13 points at 5,130.95, while the Nasdaq Composite was down 67.43 points at 16,207.51.

Markets are taking a pause before another week full of economic data and news, said Adelaide Chiu, portfolio manager, vice-president and head of responsible investing at NEI Investments. 

Read full story on BNN Bloomberg
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