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Gains in energy sector help lift S&P/TSX composite higher, U.S. stock markets mixed

Written by on September 15, 2021

TORONTO — Gains in the energy sector as the price of oil climbed higher helped lift Canada’s main stock index in late morning trading, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 58.19 points at 20,611.44.

In New York, the Dow Jones industrial average was up 96.96 points at 34,674.53. The S&P 500 index was up 9.77 points at 4,452.82, while the Nasdaq composite was down 12.55 points at 15,024.90.

The Canadian dollar traded for 79.07 cents US compared with 78.98 cents US on Tuesday.

The October crude oil contract was up US$2.31 at US$72.77 per barrel and the October natural gas contract was up 29 cents at US$5.55 per mmBTU.

The December gold contract was down US$12.10 at US$1,795.00 an ounce and the December copper contract was down nine cents at US$4.41 a pound.

This report by The Canadian Press was first published Sept. 15, 2021.

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

The Canadian Press