Materials and industrials sectors help lift stocks in Toronto, loonie down

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TORONTO — Gains in the materials and industrials sectors helped lift Canada’s main stock index higher in late-morning trading, while U.S. stock markets posted mixed results.

The S&P/TSX composite index was up 55.71 points at 16,965.09.

In New York, the Dow Jones industrial average was up 13.92 points at 27,705.41. The S&P 500 index was down 0.06 of a point at 3,091.78, while the Nasdaq composite was down 6.02 points at 8,480.07.

The Canadian dollar traded for 75.49 cents US compared with an average of 75.60 cents US on Tuesday.

The December crude contract was up 42 cents at US$57.22 per barrel and the December natural gas contract was down 2.7 cents at US$2.59 per mmBTU.

The December gold contract was up US$12.70 at US$1,466.40 an ounce and the December copper contract was down 1.10 cents at US$2.63 a pound.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)