Toronto, U.S. stock markets up in broad advance, loonie moves higher

Toronto, U.S. stock markets up in broad advance, loonie moves higher

TORONTO — The major stock indexes are up moderately this morning. with most of Toronto’s subsectors showing gains.

The Toronto Stock Exchange’s S&P/TSX composite index was up 30.84 points to 16,105.14, after 90 minutes of trading.

In New York, the Dow Jones industrial average was up 52.94 points to 23,579.12. The S&P 500 index was up 5.54 points to 2,602.62 and the Nasdaq composite index was up 14.02 points to 6,881.38.

The Canadian dollar was trading at 78.69 cents US, up from Thursday’s average price of 78.65 cents US.

The January crude contract was up 57 cents to US$58.59 per barrel and the January natural gas contract was down eight cents to US$2.89 per mmBTU.

The December gold contract was unchanged at US$1,291.60 an ounce and the December copper contract was up two cents to US$3.16 a pound.

The Canadian Press

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