News

Energy stocks drive Toronto market lower while U.S. stocks mixed

Energy stocks drive Toronto market lower while U.S. stocks  mixed
Business
TORONTO - Canada s main stock index retreated as the energy sector fell on a drop in oil prices, while U.S. stock markets were mixed.

The S&P/TSX composite index was down 49.90 points at 15,144.14 in late-morning trading.

In New York, the Dow Jones industrial average was down 36.89 points at 25,301,95. The S&P 500 index was up 3.55 points at 2,741.31, while the Nasdaq composite was up 18.43 points at 7,291.51.

The Canadian dollar traded lower at 75.11 cents US compared with an average of 75.33 cents US on Thursday.

The January crude contract was down 54 cents at US$50.91 per barrel and the January natural gas contract was down 11.1 cents US$4.53 per mmBTU.

The February gold contract was down US$5.00 at US$1,225.40 an ounce and the March copper contract was down 0.55 of a cent at US$2.78 a pound.
Read more on CTVnews
News Topics :
Similar Articles :
Business
TORONTO Information technology and energy stocks helped lift Canada’s main stock index in late morning trading, while U.S. stocks were mixed. The S&P/TSX composite index was up 15.14 points at...
Business
TORONTO Gains in the industrials sector and materials stocks helped Canada’s main stock index edge higher in late morning trading, while U.S. stock markets put in a mixed showing. The...
Business
TORONTO The materials stocks helped lift Canada’s main stock index, helped by strength in the gold sector, as U.S. stock markets were mixed. The S&P/TSX composite index was up...
Business
Canada’s main stock index edged lower as the influential financial and energy sectors lost ground while U.S. stock markets were mixed. The S&P/TSX composite index was down 11.85 points to...
Business
TORONTO Energy stocks weighed on Canada s main stock index, which was lower in late morning trading, while U.S. stock markets edged higher. The S&P/TSX composite index was down 55.30...