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S&P/TSX composite creeps higher in late-morning trading, U.S. stock markets down

TORONTO — Strength in the energy, utility and industrial sectors helped Canada's main stock index edge higher, while U.S. stock markets fell in late-morning trading. The S&P/TSX composite index was up 8.24 points at 20,398.57.
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An index screen at the TMX Market Centre in down. THE CANADIAN PRESS/ Tijana Martin

TORONTO — Strength in the energy, utility and industrial sectors helped Canada's main stock post a small gain Tuesday despite weakness in metals, while U.S. markets were mixed.

The S&P/TSX composite index was up 67.13 points at 20,457.46.

In New York, the Dow Jones industrial average was down 391.76 points, or 1.14 per cent, at 33,910.85. The S&P 500 index was down 8.12 points at 3,990.97, while the Nasdaq composite was up 15.96 points at 11,095.11.

The Canadian dollar traded for 74.68 cents US compared with 74.64 cents US on Monday.

The February crude contract was up 32 cents at US$80.18 per barreland the February natural gas contract was up 17 cents at US$3.59 per mmBTU.

The February gold contract was down US$11.80 at US$1,909.90 an ounceand the March copper contract was up less than a cent at US$4.22 a pound.

This report by The Canadian Press was first published Jan. 17, 2023.

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

The Canadian Press

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