Canada’s main stock index followed a strong January performance by starting the month lower despite crude oil prices hitting an almost 11-week high.

The S&P/TSX composite index closed down 34.29 points to 15,506.31.

In New York, the Dow Jones industrial average was up 64.22 points at 25,063.89. The S&P 500 index was up 2.43 points at 2,706.53, while the Nasdaq composite was down 17.87 points at 7,263.87.

The Canadian dollar traded at an average of US76.37¢ compared with an average of US76.08¢ on Thursday.

The March crude oil contract was up US$1.47 at US$55.26 per barrel and the March natural gas contract was down eight cents at US$2.73 per mmBTU.

The April gold contract was down US$3.10 at US$1,322.10 an ounce and the March copper contract was down US1.15¢ at US$2.77 a pound.