Stocks push higher in Toronto, while U.S. stock markets step lower

Stocks push higher in Toronto, while U.S. stock markets step lower
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TORONTO — Canada’s main stock index climbed higher in late-morning trading, boosted by gains in the consumer staples, telecommunications and health care sectors.

The S&P/TSX composite index was up 91.82 points at 16,105.31.

In New York, the Dow Jones industrial average was down 29.53 points at 26,125.14. The S&P 500 index was down 11.25 points at 2,893.73, while the Nasdaq composite was down 89.35 points at 7,920.69.

The Canadian dollar traded for 76.74 cents US compared with an average of 76.73 cents US on Friday.

The October crude contract was up 16 cents at US$69.15 per barrel and the October natural gas contract was up 5.7 cents at US$2.824 per mmBTU.

The December gold contract was up US$7.70 at US$1,208.80 an ounce and the December copper contract was up 0.45 of a cent at US$2.650 a pound.

The Canadian Press

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