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TSX down amid oil rout while Wall Street inches up in early trading

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globalnews.ca

Canada’s main stock index was down in early trading on Monday as the price of oil slid to its lowest level since 2002. In the U.S..

however, stocks opened higher on Monday as President Donald Trump followed last week’s massive fiscal stimulus by extending his stay-at-home guidelines, leaving investors guessing at their economic impact.

In Toronto, Canada’s benchmark S&P/TSX composite index was down 56.86 points at 12,630.88. [ Sign up for our Health IQ newsletter for the latest coronavirus updates ] In New York, the Dow Jones Industrial Average rose 41.44 points, or 0.19 per cent, at the open to 21,678.22.

The S&P 500 opened higher by 17.51 points, or 0.69 per cent, at 2,558.98. The Nasdaq Composite gained 81.08 points, or 1.08 per cent, to

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