North American markets lookset to open mixed Monday, as crude-oil prices slide below US$60 a barrel and traders await fresh earnings reports.
Oil prices fell 90¢ to US$59.73 a barrel early Monday as hurricane Wilma crashed ashore in Florida, avoiding oil producing and refining facilities in the Gulf of Mexico.
There are no major economic releases from Canada or the United States today.
Overseas, the Japanese Nikkei 225 ended 0.7% lower at 13,106.18 under pressure from the electronics sector.
Most European markets advanced, with London’s FTSE 100 adding 0.9% recently.
On Friday, Toronto stocks closed higher, as investors bought back into the market after a big selloff in the previous session.
The S&P/TSX composite index finished up 100.14, or 0.98%, to 10,290.87.
For the week, the index still lost 222 points.
The junior S&P/TSX Venture Composite index finished up 23.84, or 1.21%, to 1,986.78.
In New York, markets reacted to mixed corporate results and a drop in energy prices due to indications of increased supply.
The Dow Jones Industrial Average fell 65.88 points to 10,215.22, the Nasdaq Composite Index rose 14.10 points to 2,082.21, and the S&P 500 Index was up 1.79 points at 1,179.59.
For the week, the Dow fell 0.7% this week, the Nasdaq gained 0.8%, and the S&P 500 was off 0.6%.