Traders work on the floor of the New York Stock Exchange in New York, Monday, Dec. 24, 2018. (AP Photo/Seth Wenig)

Toronto stock market edges higher, while U.S. stocks fall; loonie down

Canadian dollar traded for 75.87 cents US compared with an average of 76.14 cents US Tuesday

Gains in the materials and financials sectors helped Canada’s main stock index edge higher in late-morning trading, while U.S. stock markets headed lower.

The S&P/TSX composite index was up 13.22 points at 15,715.91.

In New York, the Dow Jones industrial average was down 2.58 points at 25,408.94. The S&P 500 index was down 4.05 points at 2,733.65, while the Nasdaq composite was down 13.90 points at 7,388.18.

The Canadian dollar traded for 75.87 cents US compared with an average of 76.14 cents US on Tuesday.

The March crude contract was up 32 cents at US$53.98 per barrel and the March natural gas contract was up 0.5 of a cent at US$2.67 per mmBTU.

The April gold contract was down US$3 at US$1,316.20 an ounce and the March copper contract was up 2.80 cents at US$2.84 a pound.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Lacombe and District Chamber of Commerce hosts 38th annual Spring Trade Show

Show runs April 26th, 27th at the Gary Moe Auto Group Sportsplex

Lacombe Grade 6 students become Mayor for a Day at City Hall

Students took part in a mock City council meeting

Town of Blackfalds holds Multi-Plex Open House

Designs for dual-arena, expanded library shown at public consultation

Lacombe’s Galactic Wranglers Robotics Club earns way to World Championships

Community donates over $18,000 for Houston trip in five days

Lacombe Rams Rugby off to promising start in 2019

Coach looking for right mix of veterans and new players

Avalanche hot at the right time, cruise past Flames into second round

Avalanche onto second round with a 5-1 win over the Calgary Flames in Game 5

Parents say Austrian climber missing in Banff National Park ‘lived his dream’

David Lama, Hansjorg Auer and American climber Jess Roskelley have been missing since Wednesday

Six months after legalization, high prices and supply issues boost illicit pot market

It has been six months since Canada became the first industrialized country to legalize recreational cannabis

Kirkland Signature veggie burgers recalled due to possible metal fragments

Recalled products came in 1.7 kg packages with a best before date of Apr. 23, 2019

Flooding, climate change force Quebecers to rethink relationship with water

Compensation for victims of recurring floods limit to 50% of a home’s value, or a maximum of $100,000

Storms blast South, where tornadoes threaten several states

9.7 million people in the Carolinas and Virginia at a moderate risk of severe weather

Private cargo ship brings Easter feast to the space station

There are three Americans two Russians and one Canadian living on the space station

Notre Dame rector: “Computer glitch” possible fire culprit

The fire burned through the lattice of oak beams supporting the monument’s vaulted stone ceiling

Undercover cops don’t need warrant to email, text suspected child lurers: court

High court decision came Thursday in the case of Sean Patrick Mills of Newfoundland

Most Read