By Commodity News Service Canada
WINNIPEG, MB, April 9, 2018 (CNS Canada) – The Canadian
dollar was lower Monday morning, as natural gas, gold and some
other metals were weaker.
At 8:47 CDT Monday morning the Canadian dollar was at
US$0.7828 or C$ 1.2782, which compares with Friday’s North
American close of US$0.7835 or C$1.2764.
Oil rose Monday, recovering some of Friday’s losses, as the
potential impact on global growth from a trade dispute between
China and the United States as well as rising U.S. output. Brent
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Wall Street opened higher Monday, led by gains in technology
stocks, after U.S. President Donald Trump’s administration
officials downplayed the threat of a trade war with China. The
Dow Jones Industrial Average gained 194.14 points, or 0.81 per
cent, to 24,126.9. The S&P 500 added 16.99 points, or 0.65 per
cent, to 2,621.46. The Nasdaq Composite rose 60.75 points, or
0.88 per cent, to 6.975.86.
The Toronto TSX/S&P Composite Index opened higher Monday,
supported by a rise in crude oil prices and the Trump
administration downplaying the risk of a trade war with China.
The TSX/S&P rose 72.92 points, or 0.48 per cent, to 15,280.33.
