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

Mary Lowther column: Control your own food supply: grow out some seeds

I used to buy garlic bulbs, but now I’ve grown some out long enough to flower and produce bulbils

Business notes: Sweet Meadows Market getting ready for May 4 grand opening in Mill Bay

Paul and Corinne Lieffertz have never been busier and they’re loving every… Continue reading

Poverty Law Advocate program now offered by Cowichan Women Against Violence Society

The Cowichan Women Against Violence Society is now offering the services of… Continue reading

Spruce Kings win BCHL’s Fred Page Cup

Former Cap Vanroboys helps P.G. qualify for nationals

VIDEO: Driver in bizarre hit-and-run at B.C. car dealership turns herself in

Police believe alcohol was a factor in incident causing estimated $15,000 in damages

University mourns student who died in B.C. canoeing accident

Andrew Milner, 19, was in his second year with the University of Calgary’s basketball program

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

Post made reference to pressure cooker bomb at massive Surrey parade

B.C. woman pleads for people to stop stealing daffodils meant to honour cancer victims

Cynthia Bentley honours memory of those lost to cancer by planting 100 daffodils each year

Canfor temporarily shutting down lumber mills across B.C.

Low lumber prices and the high cost of fibre are the cause of curtailment, according to the company

Two in critical condition, several still in hospital after Langley deck collapse

Close relative Satwant Garcha makes daily trips to visit those injured at the wedding

Allegedly intoxicated man arrested after 3 paramedics attacked at Kamloops hospital

Paramedics had transported the man to Royal Inlands Hospital for medical treatment

Canadian privacy watchdogs find major shortcomings in Facebook probe

The probe followed reports that Facebook had let an outside organization use an app to access users’ personal info

Busy day for passengers on BC Ferries

First two sailings from Tsawwassen to Swartz Bay full Thursday morning

Most Read