Toronto stock index rebounds to close higher on technology, materials sectors

The Canadian Press</span>
Published Thursday, August 2, 2018 12:33PM EDT
Last Updated Thursday, August 2, 2018 4:19PM EDT

TORONTO -- Canada's main stock index rebounded from early losses to end in the black as technology, materials and other sectors rose.

The Toronto Stock Exchange's S&P/TSX composite index closed up 32.39 points at 16,409.16 as losses in energy and financials weren't enough to offset gains in other sectors.

In New York, the Dow Jones industrial average closed down 7.66 points at 25,326.16. The S&P 500 index closed up 13.86 points at 2,827.22 and the Nasdaq composite index was up 95.40 points at 7,802.69.

The Canadian dollar averaged 76.84 cents US, down 0.07 of a US cent.

The September crude contract closed up $1.30 at US$68.96 per barrel and the September natural gas contract was up six cents at US$2.82 per mmBTU.

The December gold contract ended down $7.50 at $1,220.10 an ounce and the September copper contract was down a penny at $2.74 a pound.

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