Energy sector lifts Toronto’s main index, while U.S. performance mixed

Energy sector lifts Toronto’s main index, while U.S. performance mixed
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TORONTO — The energy sector helped lift Toronto’s main stock index, while those south of the border were mixed.

The S&P/TSX composite index rose 61.02 points to closed at 16,605.50.

In New York, the Dow Jones industrial average moved up 357.96 points to 27,791.44 and the S&P 500 index gained 9.19 points to 3,360.47. The Nasdaq composite retreated 42.63 points to 10,968.36.

The Canadian dollar traded for 74.88 cents US compared with 74.76 cents US on Friday.

The September crude contract gained 72 cents to US$41.94 per barrel and the September natural gas contract fell nearly nine cents to US$2.15 mmBTU.

The December gold contract advanced US$11.70 to US$2,039.70 an ounce and the September copper contract added nearly seven cents to US$2.86 a pound.

This report by The Canadian Press was first published Aug. 10, 2020.

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

 

The Canadian Press


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