By Commodity News Service Canada
WINNIPEG, MB, Dec. 11, 2017 (CNS Canada) – The Canadian
dollar was little changed at open Monday as increases in the
price of oil were offset by a lower opening for the TSX.
At 9:04 CST Monday morning the Canadian dollar was at
US$0.7777 or C$1.2855, which compares with Friday’s North
American close of US$0.7776 or C$1.2860.
Oil prices edged lower Monday as rising United States
drilling activity pointed to a further increase in American
production, countering Organization of Petroleum Exporting
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U.S. Bitcoin futures trading began Sunday night on the
Chicago-based Cboe Global Markets. After an initial surge of
almost 22 per cent Bitcoin eased down to trade up 13 per cent
Monday. The one-month bitcoin contract opened trade at
US$15,460, dipping briefly before rising to a high of US$18,700
and then slipping again.
Wall Street opened little changed Monday, following reports
of an explosion in New York’s busy Port Authority commuter hub,
while the Nasdaq was slightly higher as technology stocks rose.
The Dow Jones Industrial Average gained 11.25 points, or 0.05
per cent, to 24,340.41. The S&P 500 added 0.85 points, or 0.03
per cent, to 2,652.35. The Nasdaq Composite gained 6.83 points,
The Toronto TSX/S&P Composite Index opened lower Monday, as
declines in bank and railway stocks offset small overall gains
in the materials sector. The S&P/TSX dropped 14.9 points, or
0.09 per cent, to 16,081.17.
