S&P/TSX composite up in late morning trading, U.S. stock markets mixed
Global News
The S&P/TSX composite index was up 55.10 points at 19,679.84.
Gains in the energy, base metals and battery metals sectors helped Canada’s main stock index move higher in late-morning trading, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 55.10 points at 19,679.84.
In New York, the Dow Jones industrial average was up 19.95 points at 32,452.03. The S&P 500 index was down 10.44 points at 3,967.09, while the Nasdaq composite was down 81.44 points at 11,687.40.
The Canadian dollar traded for 73.39 cents US compared with 73.09 cents US on Monday.
The May crude contract was up 26 cents at US$73.07 per barrel and the May natural gas contract was up three cents at US$2.25 per mmBTU.
The April gold contract was up US$14.60 at US$1,968.40 an ounce and the May copper contract was up a penny at US$4.09 a pound.
The move by the United States Postal Service comes after some 55,000 Canada Post workers walked off the job more than two weeks ago.
The Canadian economy underperformed the Bank of Canada's call for 1.5 per cent annualized growth in the third quarter, and per-capita GDP fell for a sixth consecutive quarter.