TSX outperforming major U.S. markets

TSX outperforming major U.S. markets

TSX outperforming major U.S. markets The Toronto Stock Exchange is outperforming the major U.S. markets today, with resource stocks leading the way.

The S&P/TSX composite index was up 164.28 points, or 1.1 per cent, at 14,990.37. The Canadian dollar was at 74.57 cents US, up 0.57 of a U.S. cent from Friday's close.

A number of companies in the oil and gas sector and the mining sector were up sharply, including Encana Corp., Precision Drilling and HudBay Minerals.

The January crude contract was up $1.58 at $47.94 per barrel, December natural gas rose 11 cents to US$2.95 per mmBTU and December copper contracts advanced five cents at US$2.52 a pound.

December gold rose $5.10 to US$1,213.80 an ounce.

In New York, the Dow Jones industrial average rose a minimal 3.12 points to 18,906.94 and the S&P 500 advanced 4.58 points to 2,191.70. The Nasdaq composite rose 12.83 points to just under 5,346.80.


The Canadian Press


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