March 4, 2016 by admin

Toronto Stock Exchange continues climbing as U.S. indexes decline

TORONTO — Canada’s largest stock market continues to move up as some of its U.S. counterparts dipped in early trading.
The Toronto Stock Exchange’s S&P/TSX composite index was up 66.04 points, or half a per cent, at 13,189.69, about 30 minutes after the opening bell.
The Canadian dollar was at 74.67 cents US, up 0.02 from Thursday’s close.
The Dow Jones industrial average was down 35.85 points or 0.2 per cent at 16,908.05.
The broader S&P 500 composite index advanced 5.85 points or 0.3 per cent to 1,987.55 and the Nasdaq composite fell 16.27 points to 4,691.15.
Oil future contracts were at US$34.58 but had been slightly above US$35 a barrel earlier in the morning.
Crude oil has been flirting with US$35 a barrel for the last few days but hasn’t closed above that mark since late January.
The April gold contract rose $6.70 to US$1,264.90 an ounce and May copper contracts were at US$2.23, up two cents.