Stocks edge lower as markets remain cautious, with gold prices at new highs

FILE PHOTO: A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier/File Photo

All three main Wall Street indexes were trading lower, with defensive stocks, including real estate and consumer discretionary stocks, among the leading drags on the benchmark S&P 500 index. The European shares index was also down, 0.61 per cent, while MSCI's gauge of stocks across the globe fell 0.61 per cent to 851.51.

Oil prices gained following a more than 7 per cent drop last week. Brent crude futures were last up 0.85 per cent at $73.68 a barrel, while U.S. West Texas Intermediate crude futures rose 1.1 per cent to $69.91.

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