Toronto stock market heads, while U.S. markets mixed; loonie lower

A man watches the financial numbers at the TMX Group in Toronto's financial district in a May 9, 2014 photo. THE CANADIAN PRESS/Darren Calabrese

TORONTO — Gains in the materials, financials and industrials sectors helped offset losses in the energy sector as Canada’s main stock index moved higher in mid-morning trading.

The S&P/TSX composite index was up 47.36 points at 15,158.62.

In New York, the Dow Jones industrial average was down 10.12 points at 24,197.04. The S&P 500 index was up 4.92 points at 2,621.02, while the Nasdaq composite was up 15.28 points at 7,049.97.

The Canadian dollar traded for 75.21 cents US compared with an average of 75.48 cents US on Wednesday.

The March crude contract down US$1.29 at US$51.32 per barrel and the February natural gas contract was down seven cents at US$3.45 per mmBTU.

The February gold contract was down US$3.60 at US$1,290.20 an ounce and the March copper contract was down 0.20 of a cent at US$2.67 a pound.

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

The Canadian Press