Toronto stock market closes higher in broad advance, U.S. markets mixed

Toronto stock market closes higher in broad advance, U.S. markets mixed

TORONTO — Canada’s main stock index closed higher in a broad advance as tensions with Saudi Arabia appeared to ease, while U.S. markets were mixed.

The Toronto Stock Exchange’s S&P/TSX composite index closed up 101.90 points at 16,416.98 as information technology, financials, and materials gained.

In New York, the Dow Jones industrial average closed down 74.52 points at 25,509.23. The S&P 500 index ended down 4.12 points 2,853.58 and the Nasdaq composite index ended up 3.46 points at 7,891.78.

The Canadian dollar averaged 76.69 cents US, up 0.07 of a US cent.

The September crude contract closed down 13 cents at US$66.81 per barrel and the September natural gas contract ended up a penny at US$2.96 per mmBTU.

The December gold contract ended down $1.10 at US$1,219.90 an ounce and the September copper contract closed up two cents at US$2.77 a pound.

The Canadian Press

Related posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.