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S&P/TSX composite edges higher in late-morning trading, U.S. stock markets mixed

Written by on January 13, 2022

TORONTO — Canada’s main stock index edged higher in late-morning trading, helped by gains in the financial sector, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 10.95 points at 21,405.95.

In New York, the Dow Jones industrial average was up 121.07 points at 36,411.39. The S&P 500 index was down 13.75 points at 4,712.60, while the Nasdaq composite was down 132.63 points at 15,055.76.

The Canadian dollar traded for 80.07 cents US compared with 79.94 cents US on Wednesday.

The February crude oil contract was down 51 cents at US$82.13 per barrel and the February natural gas contract was down 47 cents at US$4.38 per mmBTU.

The February gold contract was down US$13.80 at US$1,813.50 an ounce and the March copper contract was down four cents at US$4.53 a pound.

This report by The Canadian Press was first published Jan. 13, 2022.

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

The Canadian Press