S&P/TSX composite up, helped by telecom, utilities and consumer staples

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TORONTO — Gains in the telecommunications, utilities and consumer staples sectors helped lead Canada’s main stock index higher in late-morning trading, while U.S. stock markets put in a mixed showing.

The S&P/TSX composite index was up 67.69 points at 16,712.68.

In New York, the Dow Jones industrial average was up 189.91 points at 28,835.57. The S&P 500 index was up 22.11 points at 3,548.76, while the Nasdaq composite was down 7.85 points at 11,931.82.

The Canadian dollar traded for 76.50 cents US compared with 76.60 cents US on Tuesday.

The October crude contract was down 88 cents at US$41.88 per barrel and the October natural gas contract was down less than a cent at US$2.52 per mmBTU.

The December gold contract was down US$31.90 at US$1,947.00 an ounce and the December copper contract was down a cent at US$3.01 a pound.

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