Health care and materials lead the way on Toronto market, loonie lower

The Canadian Press</span>
Published Tuesday, December 12, 2017 1:57AM EST
Last Updated Tuesday, December 12, 2017 11:34AM EST

TORONTO -- The health care and materials sectors helped boost Canada's main stock index in late-morning trading as the loonie lost ground.

The S&P/TSX composite index was up 24.83 points to 16,128.34, after 90 minutes of trading.

In New York, the Dow Jones industrial average was up 90.05 points to 24,476.08. The S&P 500 index was up 4.17 points to 2,664.16 and the Nasdaq composite index was up 3.61 points to 6,878.69.

The Canadian dollar was trading at 77.65 cents US, down from Monday's average price of 77.80 cents US.

The January crude contract was down 14 cents to US$57.85 per barrel and the January natural gas contract was down 10 cents to US$2.73 per mmBTU.

The February gold contract was down US$8.10 to US$1,238.80 an ounce and the March copper contract was up unchanged at US$3.01 a pound.

 

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