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

Eagle’s nest receives reno after Chase grass fire

BC Hydro used to dealing with osprey nests, not so much with bald eagles

Grant funds more efficient lights for Sicamous Seniors Centre

$3,300 in funding provided through BC Hydro’s community grant program

City wants help compiling child-care inventory

$25,000 grant to help create plan to fill child-care needs in Salmon Arm

Regulating drones harassing birds tricky for Salmon Arm council

City seeks clarity and options on restricting drone use in sensitive ecological areas

Celista woman asks that people stop swiping daffodils from memorial bed

Cynthia Bentley honours memory of those lost to cancer by planting 100 daffodils each year

VIDEO: Are you concerned about Facebook leaking personal information?

Local Okanagan Facebook users speak on the social platform’s privacy settings

Vancouver man, 19, charged in human trafficking case involving teen girl

The 16-year-old girl was reported missing and later discovered in Vancouver

Summerland auxiliary raised $1M for hospital tower

Funds came from sales at Summerland Health Care Auxiliary Thrift Shop

Amber alert issued for 5-year-old Ontario boy

Ethan Montes is believed to be in the company of his mother, 47-year-old Juliet Mohammed

One day cat cafe comes to Lake Country

The Lake Country Art Gallery will host the adoption event

The Lonely to celebrate Roy Orbison’s music

The tribute show will come to Kelowna Sept. 27

Air Canada schedule changing out of South Okanagan, at least for the summer

Air Canada released their updated schedule out of the Penticton airport on Thursday

Workshop digs up water wise gardens

Learn about Xeriscape gardening in the Okanagan

Most Read