Better than expected jobs data pushes TSX, loonie higher

The Canadian Press</span>
Published Friday, June 9, 2017 4:17AM EDT
Last Updated Friday, June 9, 2017 4:31PM EDT

TORONTO -- Canada's main stock index and the loonie were pushed higher by stronger than expected jobs data and a slight uptick in the price of oil.

The Toronto Stock Exchange's S&P/TSX composite index added 50.12 points to 15,473.21.

The average value for the Canadian dollar was 74.33 cents US, up 0.27 of a cent from Tuesday.

In New York, the Dow Jones industrial average gained 89.44 points to 21,271.97, while the S&P 500 index retreated 2.02 points to 2,431.77 and the Nasdaq composite index gave back 113.84 points to 6,207.92.

The July crude contract was up 19 cents at US$45.83 per barrel and the July natural gas contract added one cent to US$3.04 per mmBTU.

The August gold contract was down $8.10 to US$1,271.40 an ounce and the July copper contract rose four cents at US$2.65 a pound.

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