Canadian, U.S. markets fall on OPEC cuts after posting strong week

Canada's main stock index was down by triple digits on Monday as the COVID-19 pandemic continued to disrupt the economy. The S&P/TSX composite index was down 130.88 points at 14,035.75. In New York, the Dow Jones industrial average was down 397.80 points at 23,321.57. The S&P 500 index was down 40.42 points at 2749.40, while the Nasdaq composite was down 32.33 points at 8121.35. The Canadian dollar traded at 71.66 cents US, compared with an average of 71.51 cents on Friday. The May crude