January 16th, 2019

Toronto stock rally continues, caps off best week in more than three years

By The Canadian Press on January 11, 2019.

A Toronto Stock Exchange ticker is seen at The Exchange Tower in Toronto on Thursday, August 18, 2011. THE CANADIAN PRESS/Aaron Vincent Elkaim

TORONTO – Canada’s main stock index’s rally continued for a sixth straight day as it posted its best weekly performance in more than three years.

The S&P/TSX composite index closed up 35.69 points to 14,939.18.

In New York, the Dow Jones industrial average lost 5.97 points at 23,995.95. The S&P 500 index was down 0.38 of a point at 2,596.26, while the Nasdaq composite was down 14.59 points at 6,971.48.

The Canadian dollar traded at an average of 75.42 cents US compared with an average of 75.56 cents US on Thursday.

The February crude contract was down $1 at US$51.59 per barrel and the February natural gas contract was up 13 cents at US$3.10 per mmBTU.

The February gold contract was up US$2.10 at US$1,289.50 an ounce and the March copper contract was up 2.45 cents at US$2.66 a pound.

Index and currency in this story: (TSX:GSPTSE, TSX:CADUSD=X)

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