Materials sector helps lift Toronto stocks, loonie up against U.S. dollar

Materials sector helps lift Toronto stocks, loonie up against U.S. dollar
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TORONTO — The materials stocks helped lift Canada’s main stock index, helped by strength in the gold sector, as U.S. stock markets were mixed.

The S&P/TSX composite index was up 17.95 points at 16,055.44.

In New York, the Dow Jones industrial average was up 41.75 points at 24,856.79. The S&P 500 index was up 1.82 points at 2,753.88, while the Nasdaq composite was down 39.30 points at 7,413.85.

The Canadian dollar traded for 74.20 cents US compared with an average of 73.93 cents US on Friday.

The July crude contract was up 37 cents at US$53.87 per barrel and the July natural gas contract was down 4.8 cents at US$2.41 per mmBTU.

The August gold contract was up US$12.90 at US$1,324.00 an ounce and the July copper contract was up 1.35 cents at US$2.65 a pound.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press

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