The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. (Aaron Vincent Elkaim/The Canadian Press)

Energy sector helps boost stocks in Toronto, U.S. stock markets push higher

The S&P/TSX composite index was up 29.12 points at 15,671.22

Canada’s main stock index was up in late-morning trading, boosted by gains in the energy sector as the price of oil pushed higher.

The S&P/TSX composite index was up 29.12 points at 15,671.22.

In New York, the Dow Jones industrial average was up 162.36 points at 25,588.12. The S&P 500 index was up 13.59 points at 2,758.32, while the Nasdaq composite was up 25.25 points at 7,439.87.

The Canadian dollar traded for 75.58 cents US compared with an average of 75.48 cents US on Tuesday.

The March crude contract up US$1.07 at US$54.17 per barrel and the March natural gas contract was down 10 cents at US$2.59 per mmBTU.

The April gold contract was up US$4.40 at US$1,318.40 an ounce and the March copper contract was up 0.20 of a cent at US$2.77 a pound.

READ MORE: Apple warning of weak sales in China sends US stocks sinking

The Canadian Press


Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Comments are closed

Just Posted

More rain in the forecast for Cariboo region

A risk of a thunderstorm for Tuesday afternoon

Cariboo vegetable farmer swamped by Fraser River flooding

Brianna van de Wijngaard was picking vegetables three feet below the water

Quesnel Salvation Army receives boost from Save-On-Foods

The food bank and soup kitchen received $1,660 through the store’s Share It Forward program

International Safe Travels designation program approved for Gold Rush Trail, Cariboo Chilcotin Coast

World Travel and Tourism Council approves, businesses and communities can apply

Quesnel to resume in-person council meetings July 7

Meeting rooms and council chamber occupancy limits have been established

B.C. records 31 new cases, six deaths over three days due to COVID-19

There are 166 active cases in B.C., 16 people in hospital

96-year-old woman scales B.C. butte with help of family, friends

‘I did as I was told and I enjoyed every minute of it’

Parallel crises: How COVID-19 exacerbated B.C.’s drug overdose emergency

Part 1: Officials say isolation, toxic drug supply, CERB, contributing to crisis

Canadians with disabilities disproportionately hit by COVID-19 pandemic

More than four out of 10 British Columbians aged 70 and up have various disabilities

Camping offers a great pandemic escape, for less money than you might think

But for many first-timers, knowing what to bring can be a challenge

Turbulence in Canadian opinion on airlines COVID-19 response: poll

Thousands of people have beseeched Transport Minister Marc Garneau to compel airlines to issue refunds,

Police issue warning after baby comes across suspected drugs in Kamloops park

The 11-month-old girl’s mother posted photos on social media showing a small plastic bag containing a purple substance

Most Read