Money Tech and energy help lift Toronto stocks

20:08  06 july  2018
20:08  06 july  2018 Source:   msn.com

Toronto market dips on broad losses

  Toronto market dips on broad losses Canada's main stock index ended down after gains in energy stocks weren't enough to counter broad losses elsewhere, while U.S. markets continued to slide amid lingering tensions with America's trading partners. The S&P/TSX composite index ended down 48.84 points at 16,231.25 as health-care, financial and other sectors fell.

Energy stocks rose as crude oil prices traded above a barrel for the first time since November 2014. The pickup in oil prices helped lift energy company shares. Range Resources gained 3.6 percent to .11. TECH RALLY: Shares in technology companies climbed, adding to the sector's

The pickup in oil prices helped lift energy company shares. TECH RALLY: Shares in technology companies climbed, adding to the sector’s gains this year. Nvidia was among the biggest gainers, rising 4.4 percent to 9.48.

a wooden table © Provided by thecanadianpress.com TORONTO - The energy and technology sectors helped lift Canada's main stock index in late-morning trading, while U.S. markets also climbed higher.

The S&P/TSX composite index was up 46.43 points to 16,313.04, after 90 minutes of trading.

In New York, the Dow Jones industrial average was up 97.89 points to 24,454.63. The S&P 500 index was up 18.21 to 2,754.82 and the Nasdaq composite index was up 66.95 points to 7653.38.

The Canadian dollar was trading at 76.43 cents US, up from an average value of 76.17 cents US on Thursday.

The August crude contract was up 53 cents to US$73.47 per barrel and the August natural gas contract was up a cent US$2.85 per mmBTU.

The August gold contract was down $2.80 to US$1256.0 an ounce and the September copper contract was down two cents to US$2.81 a pound.

Energy stocks help lift Toronto market .
TORONTO - Energy stocks helped lift Canada's main stock index at late morning as the price of oil also ticked higher.  The S&P/TSX composite index closed up 96.38 points at 16,548.72 to top the record close set a day earlier. In New York, the Dow Jones industrial average ended up 143.07 points at 24,919.66.

Source: http://ca.pressfrom.com/news/money/-82542-tech-and-energy-help-lift-toronto-stocks/

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