Financials and industrials lead Toronto higher, U.S. stock markets mixed
Posted Mar 8, 2021 10:55:33 AM.
Last Updated Mar 8, 2021 11:09:16 AM.
TORONTO — Gains in the heavyweight financial and industrial sectors helped lift Canada’s main stock index higher in early trading, while U.S. stock markets were mixed to start the week.
The S&P/TSX composite index was up 70.87 points at 18,451.83.
In New York, the Dow Jones industrial average was up 167.65 points at 31,663.95. The S&P 500 index was up 3.27 points at 3,845.21, while the Nasdaq composite was down 91.17 points at 12,828.98.
The Canadian dollar traded for 78.92 cents US compared with 78.94 cents US on Friday.
The April crude contract was down 42 cents at US$65.67 per barrel and the April natural gas contract was down seven cents at US$2.63 per mmBTU.
The April gold contract was down US$7.20 at US$1,691.30 an ounce and the May copper contract was down three cents at US$4.04 a pound.
This report by The Canadian Press was first published March 8, 2021.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
The Canadian Press
