Canada's main stock index was up in late-morning trading as strength in energy and technology stocks helped lead the way higher. Meanwhile, U.S. stock markets showed a mixed performance. The Dow Jones was up, while the S&P 500 and Nasdaq composite were down.
Crude oil and natural gas prices also saw gains, while gold and copper prices increased as well. In other news, rental prices in Canada reached a new high last month, with a 9.9% year-over-year increase.
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Energy Stocks Boost Canadian Market as U.S. Markets DeclineTORONTO — Strength in energy stocks helped Canada's main stock index eke out a small gain Thursday, while U.S. markets moved lower, led by weakness on the Nasdaq. The S&P/TSX composite index closed up 57.20 points at 19,587.41.
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Energy stocks drag TSX down as oil falls below US$80, while U.S. markets riseTORONTO — Losses in the energy sector dragged Canada's main stock index down Tuesday, while U.S. markets rose, led by gains on the Nasdaq. The S&P/TSX composite index closed down 168.35 points at 19,575.59.
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