Canada's main stock index edges up in broad-base advance; loonie stable

TORONTO — Canada’s main stock index was up slightly in late morning trading in a broad-based advance led by resource and financial stocks.

The S&P/TSX composite index was up 69.83 points at 16,552.99.

In New York, the Dow Jones industrial average was up 248.75 points at 27,294.98. The S&P 500 index was up 23.72 points at 3,061.28, while the Nasdaq composite was ahead 68.90 points at 8,361.26. 

The Canadian dollar traded at just under 76 cents US, compared with Thursday’s average of 75.99 cents US..

The December crude contract was up $1.03 at US$55.21 per barrel and the December natural gas contract was down 0.8 of a cent at US$2.63 per mmBTU.

The December gold contract was down $1.70 at US$1,513.10 an ounce and the September copper contract was up 0.6 of a cent at US$2.64 per pound.

This report by The Canadian Press was first published Nov. 1, 2019.

Index and currency in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press