Written by 3:54 pm Ontario Views: 0

Energy pushes TSX higher in early trading while U.S. stock markets mixed

TORONTO — Canada’s main stock index rose in late morning trading while U.S. markets were mixed as investors wait for new fiscal stimulus.

The S&P/TSX composite index was up 14.61 points at 16,516.22.

In New York, the Dow Jones industrial average was up 0.11 points at 27,201.63. The S&P 500 index was down 4.13 points at 3,323.64 while the Nasdaq composite was down 19.15 points at 10,979.15.

The Canadian dollar traded for 75.07 US compared with 75.40 on Wednesday.

The September crude contract was down seven cents at US$42.12 per barrel and the September natural gas contract was up four cents at US$2.23 per mmBTU.

The December gold contract was up US$17.50 at US$2,066.80 an ounce after hitting a high of $2,081.80. The September copper contract was down 1.7 cents at US$2.90 a pound.

This report by The Canadian Press was first published Aug. 6, 2020.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press


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