April 26th, 2018

North American stocks notch modest gains, loonie up against U.S. dollar

By The Canadian Press on April 16, 2018.

The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim

TORONTO – The health-care sector, which includes some of the big medical marijuana names, helped Canada’s main stock index notch a small gain Monday, while U.S. stock markets also closed up as geopolitical tensions eased.

The S&P/TSX composite index closed up 26.41 points at 15,300.38, as losses in energy and metal stocks held back further gains.

In New York, the Dow Jones industrial average closed up 212.90 points at 24,573.04 . The S&P 500 index ended up 21.54 points at 2,677.84 and the Nasdaq composite index was up 49.63 points at 7,156.28.

The Canadian dollar averaged 79.50 cents US, up 0.12 of a US cent.

The May crude contract ended down US$1.17 cents at US$66.22 per barrel and the May natural gas contract was up two cents to US$2.75 per mmBTU.

The June gold contract closed up US$2.80 to US$1,350.70 an ounce and the May copper contract ended up three cents at US$3.10 a pound.

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