Energy and financials weigh TSX, while U.S. stocks edge higher; Loonie up

The Canadian Press
Published Wednesday, May 29, 2019 11:36PM EDT
Last Updated Thursday, May 30, 2019 11:39AM EDT

TORONTO -- Losses in the key energy and financial sectors weighed on stocks in Toronto in late-morning trading as Canada's main stock index lost ground.

The S&P/TSX composite index was down 40.49 points at 16,090.98.

In New York, the Dow Jones industrial average was up 16.53 points at 25,142.94. The S&P 500 index was up 6.68 points at 2,789.70, while the Nasdaq composite was up 26.38 points at 7,573.69.

The Canadian dollar traded for 74.06 cents US compared with an average of 74.00 cents US on Wednesday.

The July crude contract was down 68 cents at US$58.13 per barrel and the July natural gas contract was down 6.7 cents at US$2.557 per mmBTU.

The August gold contract was up US$3.10 at US$1,289.40 an ounce and the July copper contract was down 1.60 cents at US$2.6480 a pound.

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