TSX recap: Index dips despite oil, U.S. market hikes

Canada's main stock index crept lower on Monday even as the price of oil rose, while U.S. markets were led higher by the Nasdaq.

The S&P/TSX Composite Index closed down 11.97 points, or 0.05 per cent, at 21,837.18.

In New York, the Dow Jones Industrial Average was up 75.66 points at 38,790.43. The S&P 500 Index was up 32.33 points at 5,149.42, while the Nasdaq Composite was up 130.27 points at 16,103.45.

The Canadian dollar traded for 73.85 cents U.S. compared with 73.89 cents U.S. on Friday.