17 C
New York
May 18, 2024
Worship Media
Business

Materials and energy sectors lift S&P/TSX composite, U.S. stocks also rise

TORONTO — Canada’s main stock index started the trading day higher as the materials and energy sectors both made gains.

The S&P/TSX composite index was up 72.25 points at 15,175.47.

In New York, the Dow Jones industrial average was up 134.22 points at 24,356.21. The S&P 500 index was up 6.96 points at 2,937.28, while the Nasdaq composite was up 14.81 points at 9,207.15.

The Canadian dollar traded for 71.41 cents US compared with an average of 71.37 cents US on Monday.

The July crude contract was up US$1.34 at US$26.42 per barrel and the June natural gas contract was down nearly five cents at US$1.78 per mmBTU.

The June gold contract was up US$8.40 at US$1,706.40 an ounce and the July copper contract was little changed at US$2.38 a pound.

This report by The Canadian Press was first published May 12, 2020

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/materials-and-energy-sectors-lift-s-p-tsx-composite-u-s-stocks-also-rise-1.4935227

Related posts

What happened to two small South Dakota towns after Biden revoked the Keystone pipeline permit

CTV News

Toronto’s main stock index falls more than 100 points on weak energy results

CTV News

Walmart Canada closing six stores, spending $500M to upgrade others

CTV News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy