Strength in energy sector helps lift S&P/TSX composite, U.S. stock markets mixed


Published February 1, 2022 at 11:31 am

TORONTO — Strength in the energy sector helped Canada’s main stock index rise in late-morning trading, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 96.35 points at 21,194.64.

In New York, the Dow Jones industrial average was up 26.10 points at 35,157.96. The S&P 500 index was down 1.78 points at 4,513.77, while the Nasdaq composite was up 16.56 points at 14,256.44.

The Canadian dollar traded for 78.80 cents US compared with 78.62 cents US on Monday.

The March crude oil contract was up 51 cents at US$88.66 per barrel and the March natural gas contract was down 13 cents at US$4.75 per mmBTU.

The April gold contract was up US$10.50 at US$1,806.90 an ounce and the March copper contract was up 11 cents at US$4.44 a pound.

This report by The Canadian Press was first published Feb. 1, 2022.

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

The Canadian Press

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