December 12th, 2024

Energy and financials help lift S&P/TSX composite, U.S. stock markets mixed

By The Canadian Press on January 12, 2023.

The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, November 11, 2022. THE CANADIAN PRESS/ Tijana Martin

TORONTO – Strength in the energy and financial sectors helped Canada’s main stock index gain more than 100 points in late-morning trading, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 105.06 points at 20,130.11.

In New York, the Dow Jones industrial average was up 168.59 points at 34,141.60. The S&P 500 index was up 1.38 points at 3,970.99, while the Nasdaq composite was down 16.01 points at 10,915.66.

The Canadian dollar traded for 74.67 cents US compared with 74.49 cents US on Wednesday.

The February crude oil contract was up US$1.29 at US$78.70 per barrel and the February natural gas contract was up 26 cents at US$3.93 per mmBTU.

The February gold contract was up US$14.50 at US$1,893.40 an ounce and the March copper contract was up a penny at US$4.17 a pound.

This report by The Canadian Press was first published Jan. 12, 2023.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

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