A street sign along Bay Street in Toronto's financial district is shown on Tuesday, January 12, 2021. THE CANADIAN PRESS/Nathan Denette

Energy and base metals help lift TSX in early trading, U.S. markets down

TORONTO — The energy and base metal sectors helped lift Canada’s main stock index higher in early trading, while U.S. stock markets moved lower.

The S&P/TSX composite index was up 41.08 points at 19,067.87.

In New York, the Dow Jones industrial average was down 73.17 points at 33,454.02. The S&P 500 index was down 5.14 points at 4,072.77, while the Nasdaq composite was down 11.58 points at 13,694.01.

The Canadian dollar traded for 79.67 cents US compared with 79.84 cents US on Monday.

The May crude oil contract was up US$1.39 at US$60.04 per barrel and the May natural gas contract was up four cents at US$2.55 per mmBTU.

The June gold contract was up US$8.90 at US$1,737.70 an ounce and the May copper contract was down three cents at US$4.10 a pound.

This report by The Canadian Press was first published April 6, 2021.

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

The Canadian Press




Talk to us

Please share your story tips by emailing editor@courierherald.com.

To share your opinion for publication, submit a letter through our website https://www.courierherald.com/submit-letter/. Include your name, address and daytime phone number. (We’ll only publish your name and hometown.) Please keep letters to 500 words or less.

More in Business

Don Brunell
Good news from Hanford | Brunell

If Washington is going to reduce CO2 emissions, then it has to go nuclear.

Teago Manoharan on March 16 holds open the door to the Buckley Kitchen, a commissary kitchen he started in 2019 that hosts a number of bakers and chefs who couldn't otherwise afford a space to cook. Photo by Alex Bruell
Buckley Bakery builds on bold businessman’s big business plan

Teago Manoharan wants to bring a bakery to Buckley. And an app. And a restaurant. And classes.

Cash Cards Unlimited partners, left: Nick Nugwynne, right: Cassius Marsh (photo credit: Cash Cards Unlimited)
Former Seahawks player Cassius Marsh cashes in on trading cards

Marsh and his friend open physical and online trading card store as collectibles boom amid pandemic.

Teaser
First large-scale, human composting facility in the world will open in Auburn

“It’s what nature meant us to do. We just do it faster.”

Don Brunell
Keeping America’s semiconductor edge is paramount | Brunell

Semiconductors are among the U.S.’s top five exports.

Melissa Hyce is the proud owner of the new Cole Street business, Urban Junktion. Photo by Ray Miller-Still
Urban Junktion opens on Cole Street

The new business doesn’t just want to sell vintage home decor, but also teach you how to make some yourself.

Customers of the Buckley Plateau Market line up in an alley way to receive their orders. Photo courtesy Sean Shands
Plateau farmers, food producers open REKO market in Buckley

REKO markets are all about getting food fresh from the farm to your table.

Josh Sanders, owner of Sanders' Street Rods, points out details in a 1969 Z28 Camaro currently being worked on at the shop in Enumclaw on March 5. Photo by Alex Bruell
Josh Sanders takes over Enumclaw auto shop

Street Rods by Denny has become Sander’s Street Rods.

Don Brunell
TVW is an antidote for dwindling trust in media | Brunell

When you need the unvarnished truth, check out unedited news.

Whole Foods grocery store entrance (Shutterstock)
King County considers grocery store worker hazard pay for those in unincorporated areas

The King County Metropolitan Council will vote during its next meeting on… Continue reading

Corrine Hennessy getting ready to load up their cold-press juicer, Lucy Juicy. Photo by Ray Miller-Still
Cold juices, warm hearts at Our Hive

The Black Diamond cold-pressed juice store also offers take-and-make smoothie kits and healthy oat bites.