June 23rd, 2018

Toronto stocks higher on strength of gold, U.S. stocks mixed

By The Canadian Press on June 14, 2018.

Canadian dollars are pictured in Vancouver on September 22, 2011. The Candian dollar was trading lower after U.S. President Donald Trump continued his attacks on Canada and Prime Minister Justin Trudeau. Trump complained that he had been blindsided by Trudeau's criticism of his tariff threats at a summit-ending news conference. THE CANADIAN PRESS/Jonathan Hayward

TORONTO – Canada’s main stock index made gains Thursday, boosted by strength in the gold sector as the price of the commodity gained seven dollars.

The S&P/TSX composite index advanced 63.14 points to 16,328.96.

In New York, the Dow Jones industrial average fell 25.89 points to 25,175.31. The S&P 500 index rose 6.86 points to 2,782.49 and the Nasdaq composite index moved up 65.34 points to 7,761.04, a record high.

The Canadian dollar averaged 76.62 cents US, down 0.37 of a US cent.

The July crude contract advanced 25 cents to US$66.89 per barrel and the July natural gas contract stayed relatively unchanged at about US$2.97 per mmBTU.

The August gold contract gained US$7.00 to US$1,308.30 an ounce and the July copper contract shed about three cents to US$3.22 a pound.

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