S&P/TSX composite ticks higher as gold regains lustre, U.S. stock markets mixed

0

TORONTO — Canada’s main stock index crept higher in late-morning trading as gold regained some of the lustre it lost earlier this week and shares in the big gold miners regained some of the ground they had lost.

The S&P/TSX composite index was up 2.65 points at 16,577.93.

In New York, the Dow Jones industrial average was down 49.63 points at 27,927.21. The S&P 500 index was up 3.35 points at 3,383.70, while the Nasdaq composite was up 94.81 points at 11,107.05.

The Canadian dollar traded for 75.70 cents US compared with 75.45 cents US on Wednesday.

The September crude contract was down 52 cents at US$42.15 per barrel and the September natural gas contract was down less than a penny at US$2.15 per mmBTU.

The December gold contract was up US$10.30 at US$1,959.30 an ounce and the September copper contract was down nine cents at US$2.80 a pound.

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