S&P/TSX and U.S. Stock Markets Decline Amid Utility Sector Losses
Canada's main stock index and U.S. markets faced downturns as the utility sector struggled, impacting investor sentiment.
- Canada's S&P/TSX composite index decreased by 8.52 points, reaching 24,154.31.
- The Dow Jones industrial average fell by 123.99 points, closing at 42,228.76.
- The S&P 500 and Nasdaq composite indices also saw declines, dropping 14.26 and 66.34 points respectively.
- The Canadian dollar slightly weakened, trading at 73.47 cents US compared to 73.65 cents US last Friday.
- Commodity markets showed mixed movements with crude oil prices rising, while gold and copper prices fell.