S&P/TSX composite edges higher, U.S. stock markets also rise
By The Canadian Press on July 14, 2023.
TORONTO – Canada’s main stock index edged higher as gains in the financial and industrial sectors were offset by losses in the telecom, energy and base metal stocks in late-morning trading. The S&P/TSX composite index was up 2.96 points at 20,280.60. In New York, the Dow Jones industrial average was up 93.19 points at 34,488.33. The S&P 500 index was up 8.67 points at 4,518.71, while the Nasdaq composite was up 55.64 points at 14,194.21. The Canadian dollar traded for 75.86 cents US compared with 76.17 on Thursday. The August crude oil contract was down US$1.50 at US$75.39 per barrel and the August natural gas contract was down two cents at US$2.53 per mmBTU. The August gold contract was down 60 cents at US$1,963.20 an ounce and the September copper contract was up less than a penny at US$3.94 a pound. This report by The Canadian Press was first published July 14, 2023. Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X) 9-8
