The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. (Aaron Vincent Elkaim/The Canadian Press)

Energy sector helps boost stocks in Toronto, U.S. stock markets push higher

The S&P/TSX composite index was up 29.12 points at 15,671.22

Canada’s main stock index was up in late-morning trading, boosted by gains in the energy sector as the price of oil pushed higher.

The S&P/TSX composite index was up 29.12 points at 15,671.22.

In New York, the Dow Jones industrial average was up 162.36 points at 25,588.12. The S&P 500 index was up 13.59 points at 2,758.32, while the Nasdaq composite was up 25.25 points at 7,439.87.

The Canadian dollar traded for 75.58 cents US compared with an average of 75.48 cents US on Tuesday.

The March crude contract up US$1.07 at US$54.17 per barrel and the March natural gas contract was down 10 cents at US$2.59 per mmBTU.

The April gold contract was up US$4.40 at US$1,318.40 an ounce and the March copper contract was up 0.20 of a cent at US$2.77 a pound.

READ MORE: Apple warning of weak sales in China sends US stocks sinking

The Canadian Press


Like us on Facebook and follow us on Twitter.

Just Posted

What’s Up: Things to see and do on Family Day

There’s plenty of fun to be had across the West Kootenay this coming long weekend!

Call a foul on cancer with the Pink Whistle Campaign

Local basketball referees are raising money for cancer research

Man found dead identified as Andreas Pittinger

Pittinger was known locally for hosting a radio show

Biologists discover another female calf in depleted South Purcell Mountain Caribou herd

Calf will be moved to Revelstoke maternity pens, then released

Man seriously hurt after police shooting near Nelson

Incident has been reported to provincial police watchdog

‘Just like Iron Man’: Calgary surgeon undergoes experimental spinal surgery

Dr. Richi Gill was in a freak accident on a boogie board during a family vacation in Hawaii

Deported B.C. man who came to Canada as a baby granted chance at return

Lee Van Heest was deported to the Netherlands in 2017

A Mother’s Wish: Ryan Shtuka’s mother wants her son to be ‘forever known’

‍‍‍‍‍“Let me tell you a story …. it all began with a boy named Ryan”

Sex abuse survivors to meet with Vatican summit organizers

Pope Francis has urged participants to meet with abuse victims before they came to Rome

Ex-FBI official: ‘Crime may have been committed’ by Trump

Andrew McCabe said FBI had good reason to open a counterintelligence investigation into whether Trump was in league with Russia

B.C. athlete takes home gold in freestyle aerials at Canada Games

Brayden Kuroda won the event with a combined score of 121.65.

Cabinet likely to extend deadline to reconsider Trans Mountain pipeline

New round of consultations with Indigenous communities is coming

Most Read