Energy sector helps boost Toronto stock market, loonie slips lower

The Canadian Press</span>
Published Tuesday, March 20, 2018 5:19AM EDT
Last Updated Tuesday, March 20, 2018 11:26AM EDT

TORONTO - Strength in the energy sector, boosted by rising oil prices, helped lift Canada's main stock index in late-morning trading.

The S&P/TSX composite index was up 38.99 points to 15,628.38, after 90 minutes of trading.

In New York, the Dow Jones industrial average was up 151.39 points to 24,762.30. The S&P 500 index was up 7.13 points to 2,720.05 and the Nasdaq composite index was up 24.35 points to 7,368.59.

The Canadian dollar was trading at 76.40 cents US, down from an average price of 76.46 cents US on Monday.

The May crude contract was up US$1.43 to US$63.56 per barrel and the April natural gas contract was up three cents to US$2.68 per mmBTU.

The April gold contract was down US$9.30 to US$1,308.50 an ounce and the May copper contract was down four cents to US$3.04 a pound.

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