TORONTO — The Toronto Stock Exchange’s flagship index closed lower on Monday, but its fall was cushioned by fears over Russian sanctions, which boosted crude oil prices and fueled the energy sector. to its highest level since 2015.
© Provided by The Canadian Press
The Toronto Stock Exchange’s S&P/TSX Composite Index fell 98.03 points, or 0.5%, to close at 21,304.40 points.
In New York, the Dow Jones Industrial Average fell 797.42 points, or 2.4%, to 32,817.38 points. The broader S&P 500 index plunged 127.78 points, or nearly 3.0%, to 4,201.09 points, while the Nasdaq Composite index depreciated 482.48 points, or 3.6 %, at 12,830.96 points.
Gallery: What was the price of gas the year you were born? (Espresso)
In the currency market, the Canadian dollar traded at an average rate of 78.29 cents US, down from 78.43 cents US on Friday.
On the New York Commodities Exchange, crude oil prices rose US$3.72 to US$119.40 a barrel, while natural gas fell 18.3 cents US to 4.83 US$ per million BTUs.
The price of gold gained US$29.30 to US$1995.90 an ounce and that of copper lost 20.7 cents US to US$4.73 a pound.
The Canadian Press
