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Energy and materials sectors help lift TSX, U.S. stock markets down

A TSX tote board is pictured in Toronto, on Dec.31, 2012. THE CANADIAN PRESS/Frank Gunn

TORONTO — Canada’s main stock index edged higher in late-morning trading, helped by the energy and materials sectors, while U.S. stocks were down.

The S&P/TSX composite index was up 3.97 points at 16,243.23.

In New York, the Dow Jones industrial average was down 77.29 points at 26,029.48. The S&P 500 index was down 10.33 points at 2,881.31, while the Nasdaq composite was down 54.38 points at 7,782.75.

The Canadian dollar traded for 74.76 cents US compared with an average of 75.05 cents US on Thursday.

The July crude contract was up 48 cents at US$52.76 per barrel and the July natural gas contract was up 6.4 cents at US$2.39 per mmBTU.

The August gold contract was up US$8.10 at US$1,351.80 an ounce and the July copper contract was down 1.8 cents at US$2.64 a pound.

 

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

 

The Canadian Press