TSX inches higher despite most Canadian companies missing expectations

TSX inches higher despite most Canadian companies missing expectations
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TORONTO — Canada’s main stock index edged higher despite most corporate earnings missing expectations so far this quarter.

The S&P/TSX composite index closed up 12.11 points at 16,681.92 on growth in the energy sector.

In New York, the Dow Jones industrial average was up 30.52 points at 27,492.63. The S&P 500 index was down 3.65 points at 3,074.62, while the Nasdaq composite was up 1.48 points at 8,434.68.

The Canadian dollar traded for 76.03 cents US compared with an average of 76.06 cents US on Monday.

The December crude contract was up 69 cents at US$57.23 per barrel and the December natural gas contract was up 4.1 cents at US$2.86 per mmBTU.

The December gold contract was down US$27.40 at US$1,483.70 an ounce and the December copper contract was up 2.95 cents at US$2.70 a pound.

This report by The Canadian Press was first published Nov. 5, 2019.

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

The Canadian Press

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