The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. (Aaron Vincent Elkaim/The Canadian Press)

Energy sector helps boost stocks in Toronto, U.S. stock markets push higher

The S&P/TSX composite index was up 29.12 points at 15,671.22

Canada’s main stock index was up in late-morning trading, boosted by gains in the energy sector as the price of oil pushed higher.

The S&P/TSX composite index was up 29.12 points at 15,671.22.

In New York, the Dow Jones industrial average was up 162.36 points at 25,588.12. The S&P 500 index was up 13.59 points at 2,758.32, while the Nasdaq composite was up 25.25 points at 7,439.87.

The Canadian dollar traded for 75.58 cents US compared with an average of 75.48 cents US on Tuesday.

The March crude contract up US$1.07 at US$54.17 per barrel and the March natural gas contract was down 10 cents at US$2.59 per mmBTU.

The April gold contract was up US$4.40 at US$1,318.40 an ounce and the March copper contract was up 0.20 of a cent at US$2.77 a pound.

READ MORE: Apple warning of weak sales in China sends US stocks sinking

The Canadian Press


Like us on Facebook and follow us on Twitter.

Just Posted

McDonald’s manager in Hope recognized with national award

Cassidy Harasin recognized for her hard work over past eight years

UPDATE: Overnight shooting in downtown Chilliwack leaves one male on life support

The victim, who is not expected to survive, is known to police and was likely targeted, IHIT says

Conservative Brad Vis wins in Mission-Matsqui-Fraser Canyon

Vis wins in second bid for seat in House of Commons

Trudeau has won the most seats — but not a majority. What happens next?

Trudeau will have to deal with some of the implications of Monday’s result

Fraser Canyon Hospital has urgent need for stretchers

Stretchers needed in Hope’s emergency room cost $12,000 each

Scheer says Canada more divided than ever, as NDP and Bloc hold cards close

While Liberals were shut out of two key prairie provinces, they took two-thirds of the seats in Ontario

Investor alert: ‘Split games’ pyramid scheme circulating in B.C.

British Columbia Securities Commission issues warning about scheme selling virtual shares

Federal NDP may support B.C. with major projects, Carole James says

SkyTrain Surrey extension, Massey Tunnel need Ottawa’s help

‘Issue-by-issue parliament’: Expert says Liberals need to placate NDP to be effective

Scandals, social issues, racism defined 2019 federal election, SFU prof says

Misconduct investigations spike by 65% across B.C.’s municipal police forces: report

Reports overall up 15 per cent while complaints made by public down seven per cent

Guns, crossbows, swords, ammo seized in raid on Fraser Valley home

Weapons also included stun guns and replica firearms

Homicide team investigates death of man in his 20s in Chilliwack

Male in his 20s not expected to survive his injuries

‘Wexit’ talk percolates day after Liberals returned to power with minority

An online petition is calling for a western alliance and Alberta to separate

Owner of seafood company pleads guilty to illegally importing fish into U.S.

‘We would not put customer health and safety at risk’: Seven Seas Fish

Most Read