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Energy, tech and health care boost Toronto stock market as loonie falls

TORONTO — Canada’s main stock index headed higher in late-morning trading, helped by the energy, technology and health-care sectors.

The S&P/TSX composite index was up 51.82 points to 16,361.81, after 90 minutes of trading.

In New York, the Dow Jones industrial average was up 48.85 points to 24,872.86. The S&P 500 index was up 12.58 points to 2,708.39 and the Nasdaq composite index was up 42.63 points to 7,049.53.

The Canadian dollar was trading at 79.76 Cents US, down from an average price of 79.89 cents US on Tuesday.

The February crude contract was up US$1.08 to US$61.45 per barrel and the February natural gas contract down seven cents to US$2.98 per mmBTU.

The February gold contract was up 50 cents to US$1,314.20 an ounce and the March copper contract was down three cents to US$3.22 a pound.

The Canadian Press

The post Energy, tech and health care boost Toronto Stock Market as loonie falls appeared first on The Canadian Parvasi.



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