Canada's main stock index dipped on Monday while U.S. markets rose, keeping American stocks near record highs.In New York, the Dow Jones industrial average was up 188.94 points at 38,778.10. The S&P 500 index was up 41.63 points at 5,473.23, while the Nasdaq composite was up 168.14 points 17,857.02.
The TSX drop was in part from Shopify, the country’s largest e-commerce company, which saw share prices slip slightly after starting to climb their way back from an early May tumble. Canadian Pacific and Bombardier both face hefty debt loads after a massive acquisition and tough pre-pandemic stretch, respectively.
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