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June 18, 2024
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Energy sector helps boost S&P/TSX composite in late-morning trading, loonie down

TORONTO — Gains in the energy sector helped lead Canada’s main stock index higher in late-morning trading, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 52.16 points at 20,685.22.

In New York, the Dow Jones industrial average was up 220.16 points at 34,827.88. The S&P 500 index was down 0.37 points at 4,458.21, while the Nasdaq composite was down 66.96 points at 15,048.53.

The Canadian dollar traded for 78.98 cents US compared with 79.17 cents US on Friday.

The October crude oil contract was up 81 cents at US$70.53 per barrel and the October natural gas contract was up 21 cents at US$5.15 per mmBTU.

The December gold contract was up US$4.50 at US$1,796.60 an ounce and the December copper contract was down nine cents at US$4.36 a pound.

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/energy-sector-helps-boost-s-p-tsx-composite-in-late-morning-trading-loonie-down-1.5583158

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