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

North Island drug deaths spike, rate second-highest in B.C.

Area spanning north from Comox Valley trails only Vancouver in fatal overdose rate

Dead Vancouver Island man identified, shoes and backpack missing

Investigators say body found in Saanich was Victoria’s Andrew Michael Sidor

Four years, no answers in murder of Deedee Brown

Chemainus-area teen was last seen with friends on Penelakut Island in summer of 2015

Protester threatens citizens arrest during morning federal funding announcement in Oak Bay

$4.3 million to protect at-risk species and their habitats, Uplands Park declared heritage site

Victoria homeless woman facing losing her truck

Willi Boepple fears losing one of her last possessions after being inundated with parking tickets

Disney Plus to launch in Canada in November

Analysts say latest streaming service may escalate cord cutting

Restrictions ordered to save fish in parched Cowichan Valley river

Province says Koksilah River fish populations under threat due to low water flows

Tow strap trips up Victoria cyclist

Police looking for witnesses to incident where cyclist hit line connecting vehicles

North Island wildfire listed as out of control

But Sara Lake blaze near Port Alice expected to be under control soon

Okanagan bus driver assaulted for asking patron not to smoke

59-year-old in hospital with non-life threatening injuries

Graffiti clean up costs Victoria businesses roughly $1M a year

Business association teams up with city in campaign to reduce graffiti in downtown

PHOTOS: Hundreds welcome HMSC Regina home to Vancouver Island

Navy ship returns to Esquimalt after nearly 6 months at sea

Elections Canada to assess ‘partisan’ climate change rhetoric case by case

People’s Party of Canada Leader Maxime Bernier has said climate change is not an emergency nor caused by human

Most Read