Toronto Stock Exchange down sharply Monday morning, Canadian …

TORONTO – The Toronto Stock Exchange began the week with a triple-digit decline Monday morning.

The S&P/TSX composite index was down 167.04 points at 14,790.12.

Declines on U.S. markets were less dramatic.

The Dow Jones industrial average was down 27.56 points at 17,821.9, the Nasdaq index fell 17.43 points to 5,051.03, and the S&P 500 declined 4.82 points to 2,088.01.

The loonie traded at 80.43 cents US, up 0.04 of a U.S. cent from Friday’s close.

On the commodity markets, the July crude contract was down 66 cents at US$58.47 a barrel and the August gold contract rose $1.40 to US$1,169.50 an ounce.

Originally posted here: 

Toronto Stock Exchange down sharply Monday morning, Canadian …