S&P/TSX composite lags U.S. markets, loonie rises

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TSX

TORONTO — Canada’s main stock index lagged its U.S. counterparts in early trading amid an uptick in the exchange rate for the Canadian dollar after the holiday weekend.

The S&P/TSX composite index was down 3.82 points at 17,620.06.

In New York, the Dow Jones industrial average was up 153.26 points at 30,557.23. The S&P 500 index was up 20.43 points at 3,755.79 , while the Nasdaq composite was up 58.42 points at 12,957.84.

The Canadian dollar traded for 78.18 cents US compared with 77.91 cents US on Dec. 24.

The February crude contract was up 59 cents US at US$48.21 per barrel and the February natural gas contract was up 10.4 cents US at nearly US$2.43 per mmBTU.

The February gold contract was up $2 at US$1,882.40 an ounce and the March copper contract was flat at US$3.57 a pound.

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