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

Nisga’a leader named UNBC chancellor

Dr. Joseph Arthur Gosnell is the first Indigenous leader to assume the role

Fire forces 36 people at Vanderhoof care home to evacuate

No one was hurt after the fire at Stuart Nechako Manor

Repen: FOI data proves Telkwans being ripped off by ICBC

Former Telkwa mayor received a response from ICBC and says the results don’t look good for residents

Fires still burning near Telegraph Creek

BC Wildfire Service assures residents of a proactive plan heading into wildfire season

Northwest entrepreneurs pitch their plans for cash prizes

ThriveNorth announces 12 finalists in this year’s business challenge

VIDEO: Killer whales hunt for seals in Vancouver harbour

Bigg’s killer whales feed on marine mammals like seals, sea lions, dolphins and even other whales

VIDEO: B.C.’s waving granny gets incredible send-off from school kids

Tinney Davidson has been waving at students on their way to school for over 11 years, but is moving in a month

Struggling B.C. adoption agency elects new board that intends to keep it open

The previous board announced that Choices would close May 31

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

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

Blaine, Wash. inn owner, charged with smuggling people into B.C., granted bail

Robert Joseph Boule ordered to turn away anyone indicating a plan to enter Canada illegally

RCMP arrest B.C. man following threatening Vaisakhi Facebook post

Post made reference to pressure cooker bomb at massive Surrey parade

Another illegal dump of 200 Dungeness crab discovered in northern B.C.

DFO confident new site related to larger April 2 dump

Northern B.C. high school student reaches 100,000 followers on YouTube

Voice actor, animator, Jericho Fortune has more than 30-million views on his channel GTAGAMER222

Most Read