Materials sector helps lift stocks in Toronto, U.S. markets mixed

Materials sector helps lift stocks in Toronto, U.S. markets mixed
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TORONTO — The materials sector helped boost Canada’s main stock index in late-morning trading, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 76.29 points at 14,034.87.

In New York, the Dow Jones industrial average was down 42.79 points at 23,461.56. The S&P 500 index was up 15.26 points at 2,798.62, while the Nasdaq composite was up 144.39 points at 8,537.57.

The Canadian dollar traded for 70.69 cents US compared with an average of 70.99 cents US on Wednesday.

The June crude contract was down 57 cents at US$25.47 per barrel and the May natural gas contract was down three cents at nearly US$1.57 per mmBTU.

The June gold contract was up US$9.00 at US$1,749.20 an ounce and the May copper contract was up a penny at nearly US$2.31 a pound.

This report by The Canadian Press was first published April 16, 2020.

 

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

 

The Canadian Press


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