Energy stocks help boost S&P/TSX composite as price of oil moves higher

📆 12/09/2023 01:50 p. m.
📰 YahooFinanceCA

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TORONTO — Strength in energy stocks as the price of oil moved higher helped boost Canada's main stock index, while U.S. stock markets were mixed in late-morning trading. The S&P/TSX composite index was up 11.22 points at 20,193.98. In New York, the Dow Jones industrial average was up 10.05 points at 34,673.77. The S&P 500 index was down 18.28 points at 4,469.18, while the Nasdaq composite was down 110.99 points at 13,806.91. The Canadian dollar traded for 73.82 cents US compared with 73.63 cents

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Putin used his speech at Russia's Eastern Economic Forum in Vladivostok to project a mood of financial calm, just weeks after the rouble's slump past 100 to the dollar led to Kremlin criticism of the bank's monetary policy and, ultimately, a 350-basis-point emergency rate hike to 12%.

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