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Energy and base metals help lift TSX in early trading, U.S. markets down

Last Updated Apr 6, 2021 at 8:00 am MDT

A street sign along Bay Street in Toronto's financial district during the COVID-19 pandemic in Toronto on Tuesday, January 12, 2021. THE CANADIAN PRESS/Nathan Denette

TORONTO — The energy and base metal sectors helped lift Canada’s main stock index higher in early trading, while U.S. stock markets moved lower. 

The S&P/TSX composite index was up 41.08 points at 19,067.87.

In New York, the Dow Jones industrial average was down 73.17 points at 33,454.02. The S&P 500 index was down 5.14 points at 4,072.77, while the Nasdaq composite was down 11.58 points at 13,694.01.

The Canadian dollar traded for 79.67 cents US compared with 79.84 cents US on Monday.

The May crude oil contract was up US$1.39 at US$60.04 per barrel and the May natural gas contract was up four cents at US$2.55 per mmBTU.

The June gold contract was up US$8.90 at US$1,737.70 an ounce and the May copper contract was down three cents at US$4.10 a pound.

This report by The Canadian Press was first published April 6, 2021.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press