TSX starts week higher while U.S. markets close at record highs on start of Q2

TSX starts week higher while U.S. markets close at record highs on start of Q2
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TORONTO — Canada’s main stock index started the week higher and U.S. markets closed at record highs while Citigroup provided an early glimpse of the potential tone for the second quarter.

The S&P/TSX composite index closed up 22.70 points to 16,510.82.

In New York, the Dow Jones industrial average was up 27.13 points at 27,359.16. The S&P 500 index was up 0.53 of a point at 3,014.30, while the Nasdaq composite was up 14.04 points at 8,258.19.

The Canadian dollar traded for an average of 76.69 cents US compared with an average of 76.70 cents US on Friday.

The August crude contract was down 63 cents at US$59.58 per barrel and the August natural gas contract was down 4.5 cents at US$2.41 per mmBTU.

The August gold contract was up US$1.30 at US$1,413.50 an ounce and the September copper contract was up 1.7 cents at US$2.71 a pound.

 

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

 

The Canadian Press

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