TORONTO — Canada’s main stock index crept higher in late-morning trading, helped by strength in the financial sector and gains in energy stocks as the price of oil moved higher.
The S&P/TSX composite index was up 8.60 points at 16,418.79.
In New York, the Dow Jones industrial average was up 45.50 points at 28,194.14. The S&P 500 index was down 2.19 points at 3,406.44, while the Nasdaq composite was down 43.69 points at 11,288.80.
The Canadian dollar traded for 75.33 cents US compared with 75.36 cents US on Monday.
The November crude contract was up US$1.53 at US$40.75 per barrel and the November natural gas contract was up a cent at US$2.63 per mmBTU.
The December gold contract was down US$2.50 at US$1,917.60 an ounce and the December copper contract was down nearly a cent at US$2.96 a pound.
This report by The Canadian Press was first published Oct. 6, 2020
