TSX hits new high for 2019 as market rises on support from energy and financials

TSX hits new high for 2019 as market rises on support from energy and financials
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TORONTO — Canada’s main stock index set another 2019 high on gains by the energy sector and a strong start to first-quarter results.

The S&P/TSX composite index closed up 81.06 points at 16,480.53, after reaching 16,487.14 shortly after the open.

In New York, the Dow Jones industrial average was up 269.25 points at 26,412.30. The S&P 500 index was up 19.09 points at 2,907.41, while the Nasdaq composite was up 36.80 at 7,984.16.

The Canadian dollar traded at an average of 75.02 cents US, up from an average of 74.75 cents US on Thursday.

The May crude contract was up 31 cents at US$63.89 per barrel and the natural gas contract was down 0.4 of a cent at $2.66 per mmBTU.

The June gold contract was up $1.90 at $1,295.20 an ounce and the May copper contract was up 5.9 cents at US$2.95 a pound.

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

The Canadian Press

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