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S&P/TSX composite continues record run on strength of materials, technology, energy

TORONTO — Canada’s main stock index continues to set records as investor optimism moved the materials, technology and energy sectors higher while U.S. markets dipped.

The S&P/TSX composite index gained 77.35 points to a record close of 19,104.14 after hitting an intraday high.

In New York, the Dow Jones industrial average was down 96.95 points at 33,430.24. The S&P 500 index was down 3.97 points at 4,073.94, while the Nasdaq composite was down 7.21 points at 13,698.38.

The Canadian dollar traded for 79.62 cents US compared with 79.84 cents US on Monday.

The May crude oil contract was up 68 cents US at US$59.33 per barrel and the May natural gas contract was down 5.5 cents at nearly US$2.46 per mmBTU.

The June gold contract was up US$14.20 at US$1,743.00 an ounce and the May copper contract was down 2.1 cents at almost US$4.12 a pound.

This report by The Canadian Press was first published April 6, 2021

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/s-p-tsx-composite-continues-record-run-on-strength-of-materials-technology-energy-1.5375838

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