Utilities and tech sectors help lift S&P/TSX composite, U.S. stock markets mixed

TORONTO — Gains in the utility and technology sectors helped lead Canada’s main stock index higher in early trading, while U.S. stock markets put in a mixed showing.

The S&P/TSX composite index was up 30.47 points at 20,261.79.

In New York, the Dow Jones industrial average was down 9.45 points at 34,289.88. The S&P 500 index was up 1.93 points at 4,248.52, while the Nasdaq composite was up 22.19 points at 14,095.05.

The Canadian dollar traded for 82.07 cents US compared with 82.05 cents US on Tuesday.

The July crude oil contract was down three cents at US$72.09 per barrel and the July natural gas contract was down three cents at US$3.21 per mmBTU.

The August gold contract was up US$2.90 at US$1,859.30 an ounce and the July copper contract was up a penny at US$4.34 a pound.

This report by The Canadian Press was first published June 16, 2021.

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

The Canadian Press

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