Toronto stock market edges higher, loonie up

TORONTO — Gains in the technology and financial sectors helped keep Canada’s main stock index in the black in late-morning trading as the energy sector weighed on the market.

The S&P/TSX composite index was up 15.06 points to 16,058.60, after 90 minutes of trading.

In New York, the Dow Jones industrial average was up 206.11 points to 24,841.32. The S&P 500 index was up 10.28 points to 2,744.90 and the Nasdaq composite index was up 24.65 points to 7,578.98.

The Canadian dollar was trading at 77.34 cents US, up from an average value of 77.14 cents US on Friday.

The July crude contract was down 71 cents to US$65.10 per barrel and the July natural gas contract was down one cent to US$2.95 per mmBTU.

The August gold contract was down 10 cents to US$1,299.20 an ounce and the July copper contract was up four cents to US$3.14 a pound.

By The Canadian Press

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