Tech sector helps lift S&P/TSX composite higher in late-morning trading, loonie down

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TORONTO — Gains in the technology sector helped lift Canada’s main stock index higher in late-morning trading, while the loonie fell below 80 cents US.

The S&P/TSX composite index was up 52.05 points at 20,285.13.

In New York, the Dow Jones industrial average was down 40.29 points at 34,955.89. The S&P 500 index was up 5.81 points at 4,390.44, while the Nasdaq composite was up 59.14 points at 14,792.38.

The Canadian dollar traded for 79.90 cents US compared with 80.19 cents US on Monday.

The August crude oil contract was up nine cents at US$74.19 per barrel and the August natural gas contract was down six cents at US$3.69 per mmBTU.

The August gold contract was up US$7.50 at US$1,813.40 an ounce and the September copper contract was down three cents at US$4.29 a pound.

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