Markets in Toronto stayed negative pretty much throughout Monday, as investors scrutinized policy moves made by U.S. President Donald Trump and their longer-term ramifications.
The S&P/TSX Composite tailed off 19.45 points to close Monday at 15,456.94
The Canadian dollar demurred 0.38 cents at 76.44 cents U.S.
Energy stocks sputtered, Crescent Point Energy being roughed up particularly hard, 74 cents, or 5%, to finish at $14.05, while TransCanada Corp. dwindled 63 cents, or 1%, to $61.85.
Consumer staples were also on the downside, as Restaurant Brands erased 48 cents to $64.26, while Maple Leaf Foods dropped 21 cents to $29.87.
Among industrials, Air Canada fell 15 cents, or 1.1%, to $13.50, while Canadian Pacific Railway moved south $2.08, or 1.1%, to $193.50.
Gold led the groups that did see gains, particularly Kinross Gold, leaping 29 cents, or 5.7%, to $5.39, while IAMGOLD gained 34 cents, or 5.5%, to $6.50.
Materials also gained, especially Semafo, chugging along 29 cents, or 6%, to $5.09, while First Quantum took on two cents to $16.08.
Among health-care issues, Canopy Growth Corporation spiked $1.11, or 10.6%, to $11.63.
ON BAYSTREET
The TSX Venture Exchange gained 7.09 points to 826.37
Seven of the 12 subgroups moved lower, as energy slouched 2.2%, consumer staples faded 0.8%, and industrials dipped 0.6%.
The five gainers were led by gold, sprinting 3.9%, materials, up 2.2%, and health-care, better by 1.4%.
ON WALLSTREET
U.S. equities fell on Monday as worries about the White House's policy agenda lingered, while earnings season continued.
The Dow Jones Industrials dipped 19.18 points to 20,052.28, with Verizon leading decliners and United Technologies the biggest riser.
The S&P 500 faded 4.86 points to 2,292.56, with energy falling 1% to weigh down decliners.
The NASDAQ stepped back 3.21 points from Friday’s record high to 5,663.55
On the earnings front, toy maker Hasbro reported better-than-expected earnings and revenue. Companies scheduled to report Monday after the bell include 21st Century Fox, Tesoro and Boardwalk Pipeline.
On Sunday, the 9th U.S. Circuit Court of Appeals denied the Justice Department's request to reinstate an executive order that barred entry into the U.S. citizens from seven Muslim-majority countries.
Prices for the benchmark 10-year Treasury note gained, lowering yields to 2.42%, from Friday’s 2.48%. Treasury prices and yields move in opposite directions.
Oil prices dropped 77 cents to $53.06 U.S. a barrel
Gold prices gained $16.50 to $1,237.30 U.S. an ounce.
