Materials and health-care sectors boost stocks in Toronto, loonie trades higher

Materials and health-care sectors boost stocks in Toronto, loonie trades higher
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TORONTO — The materials and health-care sectors helped Canada’s main stock index mover higher in late-morning trading, while the industrials sector stepped lower.

The S&P/TSX composite index was up 17.27 points at 16,213.31.

In New York, the Dow Jones industrial average was up 170.25 points at 26,417.21. The S&P 500 index was up 2.57 points at 2,906.88, while the Nasdaq composite was down 29.91 points at 7,926.19.

The Canadian dollar traded higher at 77.15 cents US compared with an average of 76.97 cents US on Tuesday.

The November crude contract was up 60 cents at US$70.19 per barrel and the October natural gas contract was down 1.4 cents at US$2.92 per mmBTU.

The December gold contract was up US$4.90 at US$1,207.80 an ounce and the December copper contract was up 0.25 of a cent at US$2.73 a pound.

 

The Canadian Press

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