Energy stocks boost S&P/TSX composite as price of oil moves higher, U.S. markets down

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TORONTO — Strength in energy stocks as the price of oil moved higher helped Canada's main stock index post a small gain Tuesday, while U.S. stock markets moved lower, led by the Nasdaq which lost more than one per cent.

In New York, the Dow Jones industrial average was down 17.73 points at 34,645.99. The S&P 500 index was down 25.56 points at 4,461.90, while the Nasdaq composite was down 144.28 points at 13,773.61.The October crude contract was up US$1.55 at US$88.84 per barrel and the October natural gas contract was up 14 cents at US$2.74 per mmBTU.

The December gold contract was down US$12.10 at US$1,935.10 an ounceand the December copper contract was down two cents at US$3.79 a pound.The Canadian Press

 

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