S&P/TSX composite index edges higher, U.S. stock markets mixed; Loonie down

S&P/TSX composite index edges higher, U.S. stock markets mixed; Loonie down
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TORONTO — Canada’s main stock index crept higher in late-morning trading, as gains in the telecom sector offset losses in the energy and financial sectors.

The S&P/TSX composite index was up 6.17 points at 14,257.26.

In New York, the Dow Jones industrial average was down 44.40 points at 23,470.86. The S&P 500 index was down 0.31 of a point at 2,797.49, while the Nasdaq composite was up 6.21 points at 8,500.96.

The Canadian dollar traded for 70.92 cents US compared with an average of 71.11 cents US on Thursday.

The June crude contract was up 13 cents at US$16.63 per barrel and the June natural gas contract was down nearly five cents at US$1.89 per mmBTU.

The June gold contract was down US$6.60 at US$1,738.80 an ounce and the May copper contract was down nearly a penny at nearly US$2.32 a pound.

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

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

 

The Canadian Press


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