Financial and consumer stocks lift S&P/TSX composite, U.S. stocks also up

TORONTO — Gains in financial stocks as well as the consumer discretionary and consumer staples sectors helped lift Canada’s main stock index higher in late-morning trading.

The S&P/TSX composite index was up 81.02 points at 17,035.86.

In New York, the Dow Jones industrial average was up 114.16 points at 27,989.78. The S&P 500 index was up 17.80 points at 3,128.09, while the Nasdaq composite was up 96.82 points at 8,616.71.

The Canadian dollar traded for 75.11 cents US compared with an average of 75.26 cents US on Friday.

The January crude contract was up two cents at US$57.79 per barrel and the January natural gas contract was down 11.3 cents at US$2.60 per mmBTU.

The December gold contract was down US$6.00 at US$1,457.60 an ounce and the December copper contract was down 0.30 of a cent at US$2.65 a pound.

This report by The Canadian Press was first published Nov. 25, 2019.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)


The Canadian Press