It was a good early start for the Toronto Stock Exchange with the main index gaining in early trading as Restaurant Brands International, the company behind Tim Hortons reported earnings. The index weakened later in the day. On Wall Street expectation has been high ahead of Apple’s quarterly results due after the closing bell and the Fed’s meeting which starts on Tuesday but biotech stocks dragged the markets down at the end of the day. Asian markets closed mixed with Australia and China bucking a losing trend ahead of central bank reports elsewhere in the region. In Europe markets closed higher after mixed earnings were negated by news that Greece is reshuffling its negotiating team.
The S&P/TSX Composite Index closed down 64.25 (0.42 per cent)
The NYSE closed lower
Oil is trending lower (Brent $64.69, WTI $56.78 at 4.15pm)
Gold is trending higher
The loonie is valued at U$0.8266 (at 4.15pm)