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

Jayda Monilaws is selling cupcakes again for Central Alberta Humane Society

The 10-year-old Red Deerian is selling cupcakes today from 10 a.m. to 6 p.m.

Alberta was crowned champions in Wheelchair Basketball at Canada Winter Games

Ontario won silver while Quebec took home the bronze medal

Pride Days are Feb. 21st and 28th during the 2019 Canada Winter Games

Events will be held at the 52 North Music + Cultural Festival

PHOTO: Meeting of the mayors

Winnipeg Mayor Brian Bowman, Red Deer Mayor Tara Veer and Naheed Nenshi, mayor of Calgary enjoyed a meeting at the Winter Games Thursday.

Alberta to play for gold in wheelchair basketball

Action-packed first week of Canada Winter Games nearly a wrap

Trudeau tells Canadians to listen to clerk in SNC-Lavalin matter

Privy Council clerk Michael Wernick delivered a blunt assessment at the House of Commons justice

Mueller report looming, new attorney general in hot seat

Robert Mueller is required to produce a confidential report to pursue or decline prosecutions

B.C. woman shares story of abuse with church officials ahead of Vatican summit

Leona Huggins was the only Canadian in the gathering ahead of a historic summit at the Vatican

Sylvan Lake’s Megan Cressey misses Freestyle Skiing Big Air podium

Alberta’s Jake Sandstorm captured silver in the men Freestyle Skiing Big Air contest

Why do zebras have stripes? Perhaps to dazzle away flies

Researchers from University of Bristol look into why zebras have stripes

Poll: More voters believe Canada doing worse under Trudeau government

22 per cent believed the country is doing better and 27 per cent said things are the same

Ponoka host to Bayer Crop Science seed innovations trade show

The company held a trade show with seed crop science industry partners at the ag event centre

Peter Tork, Monkees’ lovable bass-guitar player, dies at 77

Tork, Micky Dolenz, David Jones and Michael Nesmith formed the made-for-television rock band

Most Read