Energy sector helps Toronto stock market hit new intra-day record high

Energy sector helps Toronto stock market hit new intra-day record high

TORONTO — Canada’s main stock index hit a new record intra-day high in late-morning trading, boosted by gains in the energy sector.

The S&P/TSX composite index was up 52.45 points at 15,944.08, edging past its previous record set on Feb. 21.

In New York, the Dow Jones industrial average was up 11.54 points to 23,412.40. The S&P 500 index was up 13.92 points to 2,574.32 and the Nasdaq composite index was up 98.41 points to 6,655.18.

The Canadian dollar was trading at 77.57 cents US, down from an average price of 77.94 cents US on Thursday.

The December crude contract was up 73 cents to US$53.37 per barrel and the December natural gas contract was down eight cents to US$2.97 per mmBTU.

The December gold contract was up $1.30 to US$1,270.90 an ounce and the December copper contract was down one cent to US$3.17 a pound.

The Canadian Press

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