Industrials sector helps boost Toronto stocks higher, loonie slips lower

Industrials sector helps boost Toronto stocks higher, loonie slips lower
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TORONTO — Gains in the industrials sector helped lead Canada’s main stock index higher in late-morning trading while U.S. stocks were mixed.

The S&P/TSX composite index was up 48.89 points at 16,087.02.

In New York, the Dow Jones industrial average was down 12.40 points at 25,807.25. The S&P 500 index was down 0.81 of a point at 2,792.00, while the Nasdaq composite was up 4.18 points at 7,581.75.

The Canadian dollar traded for 74.92 cents US compared with an average of 75.09 cents US on Monday.

The April crude contract was down 13 cents at US$56.46 per barrel and the April natural gas contract was down 1.1 cents at US$2.85 per mmBTU.

The April gold contract was down US$2.70 at US$1,284.80 an ounce and the May copper contract was up 2.4 cents at US$2.93 a pound.

Index and currency in this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press

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