News

S&P/TSX composite up in late-morning trading, U.S. stocks post mixed results

TORONTO — Gains in the key financial, industrial and material sectors helped boost Canada’s main stock index in late-morning trading even as the energy sector gave back some of its recent advance.

The S&P/TSX composite index was up 66.33 points at 17,171.80.

In New York, the Dow Jones industrial average was down 29.83 points at 28,673.55. The S&P 500 index was down 2.63 points at 3,243.65, while the Nasdaq composite was up 14.28 points at 9,085.75.

The Canadian dollar traded for 76.83 US compared with an average of 77.10 cents US on Monday.

The February crude contract was down 67 cents at US$62.60 per barrel and the February natural gas contract was up 1.1 cents at US$2.15 per mmBTU.

The February gold contract was up US$2.30 at US$1,571.10 an ounce and the March copper contract was down 0.45 of a cent at US$2.79 a pound.

This report by The Canadian Press was first published Jan. 7, 2020.

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

 

The Canadian Press