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Money Toronto stocks higher, U.S. markets also gain

19:36  09 july  2018
19:36  09 july  2018 Source:   msn.com

Toronto stocks up, loonie edges higher

  Toronto stocks up, loonie edges higher Canada's main stock index closed higher Wednesday helped by broad-based gains in the health-care, energy, and gold sectors, while the loonie inched higher. Enbridge Inc.'s deal to sell $4.31-billion worth of Western Canadian natural gas infrastructure was the big mover of the day, said Michael Currie, vice-president and senior investment advisor at TD Wealth."It's definitely the biggest story of the day, it definitely got it moving. Enbridge has been struggling a bit this year, it's still negative year-to-date. But it's nice to see a deal where both Enbridge and Brookfield did take a jump on the day.

GLOBAL MARKETS -World stock markets edge higher as | Reuters - www.reuters.com. * Also supporting the market was the telecoms sector , which gained 0.67 percent. Energy and materials lead stocks in Toronto higher , U . S . markets - www.ctvnews.ca.

Canada' s main stock index closed higher Tuesday on broad gains as investor concerns on Turkey' s economic crisis looked to ease. The S &P/TSX composite lost 166.23 points on Friday' s and Monday' s declines, but regained some of that Tuesday with a 79.92 point climb to close at 16,330.67.

  Toronto stocks higher, U.S. markets also gain © Provided by thecanadianpress.com TORONTO - The industrials sector helped lift Canada's main stock index at late-morning, while U.S. stock markets also climbed higher as technology companies and banks rose.

The S&P/TSX composite index was up 48.90 points to 16,420.68, after 90 minutes of trading.

In New York, the Dow Jones industrial average was up 270.66 points to 24,727.14. The S&P 500 index was up 19.02 to 2,778.84 and the Nasdaq composite index was up 34.32 points to 7,722.71.

The Canadian dollar was trading at 76.38 cents US, up from an average value of 76.31 cents US on Friday.

The August crude contract was down 21 cents to US$73.59 per barrel and the August natural gas contract was down three cents to US$2.83 per mmBTU.

The August gold contract was up $6.90 to US$1,262.70 an ounce and the September copper contract was up three cents to US$2.85 a pound.

Toronto stock index down moderately .
Toronto stock index down moderatelyThe Toronto Stock Exchange's S&P/TSX composite index closed down 14.62 points at 16,420.84 as energy stocks also dropped while financials rose.

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