Energy and tech sectors help S&P/TSX composite edge higher, U.S. stocks also rise

TORONTO –

Strength within the expertise and vitality sectors helped Canada’s primary inventory index edge greater in late-morning buying and selling, whereas U.S. inventory markets had been additionally greater.

The S&P/TSX composite index was up 9.34 factors at 19,956.41.

In New York, the Dow Jones industrial common was up 265.96 factors at 33,742.42. The S&P 500 index was up 20.71 factors at 3,955.09, whereas the Nasdaq composite was up 40.77 factors at 11,045.39.

The Canadian greenback traded for 73.14 cents US in contrast with 73.37 cents US on Friday.

The January crude oil contract was up US$2.72 at US$73.74 per barrel and the January pure fuel contract was up 49 cents at US$6.74 per mmBTU.

The February gold contract was down US$16.00 at US$1,794.70 an oz. and the March copper contract was down 9 cents at US$3.79 a pound.

This report by The Canadian Press was first printed Dec. 12, 2022.