Energy and financials help push TSX higher, loonie down against U.S. dollar

Energy and financials help push TSX higher, loonie down against U.S. dollar
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TORONTO — Canada’s main stock index edged higher into record high territory in late-morning trading, boosted by gains in the energy and financial sectors.

The S&P/TSX composite index was up 10.15 points at 17,935.51.

In New York, the Dow Jones industrial average was down 141.58 points at 29,206.45. The S&P 500 index was down 12.25 points at 3,373.90, while the Nasdaq composite was down 56.72 points at 9,760.46.

The Canadian dollar traded for 75.50 cents US compared with an average of 75.58 cents US on Wednesday.

The April crude contract was up 86 cents at US$54.35 per barrel and the March natural gas contract was up 3.8 cents at US$1.99 per mmBTU.

The April gold contract was up US$9.80 at US$1,621.60 an ounce and the March copper contract was down 1.65 cents at US$2.59 a pound.

This report by The Canadian Press was first published Feb. 20, 2020.

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

 

The Canadian Press

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