Energy gains as S&P/TSX composite edges up, U.S. stock markets mixed in early trading

Energy gains as S&P/TSX composite edges up, U.S. stock markets mixed in early trading
Share this article

 

TORONTO — Strength in the energy sector helped Canada’s main stock index edge higher in early trading, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 3.38 points at 17,642.38.

In New York, the Dow Jones industrial average was up 129.01 points at 30,302.89. The S&P 500 index was up 7.63 points at 3,709.88, while the Nasdaq composite was down 8.87 points at 12,573.90.

The Canadian dollar traded for 78.16 cents US compared with 78.08 cents on Tuesday.

The January crude oil contract was up 37 cents at US$45.97 per barrel and the January natural gas contract was up 10 cents at US$2.50 per mmBTU.

The February gold contract was down US$16.00 at US$1,858.90 an ounce and the March copper contract was up two cents at US$3.52 a pound.

This report by The Canadian Press was first published Dec. 9, 2020.

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

The Canadian Press

Related posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.