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TORONTO –
Gains in the energy sector as the price of oil topped US$91 per barrel helped lift 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 87.77 points at 21,619.49.
In New York, the Dow Jones industrial average was up 57.40 points at 35,298.99. The S&P 500 index was down 7.34 points at 4,496.74, while the Nasdaq composite was down 77.87 points at 14,107.77.
The Canadian dollar traded for 78.84 cents US compared with 78.85 cents US on Thursday.
The March crude contract was up US$1.67 at US$91.55 per barrel and the March natural gas contract was down eight cents at US$3.88 per mmBTU.
The April gold contract was down US$1.80 at US$1,835.60 an ounce and the March copper contract was down 16 cents at US$4.50 a pound.
This report by The Canadian Press was first published Feb. 11, 2022