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

School District 8 names new international principal

Jann Schmidt has been an educator for 26 years

Passenger counts still rising at West Kootenay Regional Airport

Reliability rates also on rise in second quarter.

Last stop: The inside story of Queen City Shuttle and Charters’ closure

Former employees open up about the Nelson company’s final days

How the Queen City Shuttle and Charters’ closure affected you

Here’s what readers had to say about the company’s shutdown

Rich the Vegan scoots across Canada for the animals

Rich Adams is riding his push scooter across Canada to bring awareness to the dog meat trade in Asia

Recall: Certain Pacific oysters may pose threat of paralytic shellfish poisoning

Consumers urged to either return affected packages or throw them out

How a Kamloops-born man helped put us on the moon

Jim Chamberlin did troubleshooting for the Apollo program, which led to its success

Sexual harassment complaints soaring amid ‘frat boy culture’ in Canada’s airline industry

‘It’s a #MeToo dumpster fire…and it’s exhausting for survivors’

How much do you know about the moon?

To mark the 50th anniversary of the first lunar landing, see how well you know space

Body, burning truck found near northern B.C. town

RCMP unsure if the two separate discoveries are related

Couple found dead along northern B.C. highway in double homicide

Woman from the U.S. and man from Australia found dead near Liard Hot Springs

UPDATE: West Kelowna fawn euthanized, not claimed by sanctuary

Gilbert the deer has been euthanized after a suitable home was not found in time

BC Wildfire Service warns wet weather no reason to be complacent

Fire risk currently low for much of B.C. compared to same time over last two years.

Most Read