Toronto stock in­dex pulls ahead on higher oil prices, as U.S. in­dexes fin­ish flat

Cape Breton Post - - Business -

TORONTO — Higher energy stocks helped lift Canada’s main stock in­dex to­day, while U.S. in­dexes fin­ished on a flat note amid a ses­sion void of ma­jor eco­nomic or cor­po­rate re­leases.

The Toronto Stock Ex­change’s S&P/TSX composite in­dex gained 70.04 points to 15,652.08.

In New York, the Dow Jones in­dus­trial av­er­age was ahead 5.34 points to 21,012.28 while the Nas­daq composite in­dex saw an uptick of 1.9 points to 6,102.66 to land at a new record.

The S&P 500 in­dex was barely changed, up 0.09 of a point to 2,399.38, hit­ting a record level for the sec­ond ses­sion in a row. The June crude con­tract was up 21 cents at US$46.43 per bar­rel, while the Cana­dian dol­lar, which of­ten trades in tan­dem with oil prices, rose 0.04 a U.S. cent to an av­er­age value of 72.97 cents US.

In other com­modi­ties, the June nat­u­ral gas con­tract was down nine cents at US$3.17 per mm-BTU, the June gold con­tract was up 20 cents at US$1,227.10 an ounce, and the July cop­per con­tract was pulled back four cents at US$2.49 a pound.

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