Traders work on the floor of the New York Stock Exchange in New York, Monday, Dec. 24, 2018. (AP Photo/Seth Wenig)

Toronto stock market edges higher, while U.S. stocks fall; loonie down

Canadian dollar traded for 75.87 cents US compared with an average of 76.14 cents US Tuesday

Gains in the materials and financials sectors helped Canada’s main stock index edge higher in late-morning trading, while U.S. stock markets headed lower.

The S&P/TSX composite index was up 13.22 points at 15,715.91.

In New York, the Dow Jones industrial average was down 2.58 points at 25,408.94. The S&P 500 index was down 4.05 points at 2,733.65, while the Nasdaq composite was down 13.90 points at 7,388.18.

The Canadian dollar traded for 75.87 cents US compared with an average of 76.14 cents US on Tuesday.

The March crude contract was up 32 cents at US$53.98 per barrel and the March natural gas contract was up 0.5 of a cent at US$2.67 per mmBTU.

The April gold contract was down US$3 at US$1,316.20 an ounce and the March copper contract was up 2.80 cents at US$2.84 a pound.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Oliver firefighters respond to emergency call for their own member

Firefighters found out who the call was for when they arrived on the scene

Highway 97 rock slide north of Summerland beginning to stabilize

Costs of road work so far estimated at between $300,000 and $350,000

UPDATE: One person taken to hospital after fully involved shed fire

The person is believed to have been inside or near the shed that caught fire behind Doc’s driving range

Family Day long weekend expected to be sunny and cool in South Okanagan

Flurries forecasted for the first half of the weekend, followed by bluebird skies and milder temps

Okanagan senior girls basketball Valley Championships in Penticton

Penticton Lakers are hosting the Okanagan Valley girls basketball championships Friday and Saturday

VIDEO: Canada’s flag turns 54 today

The maple leaf design by George Stanley made its first appearance Feb. 15, 1965

Valentine’s Day stabbing in Kamloops

A 21-year-old man is facing charges; the victim sustained non-life-threatening injuries

Judge rules Abbotsford home must be sold after son tries to evict mom

Mom to get back down payment and initial expenses

Drivers illegally passing school buses prompts safety campaign

School District #83 count 32 vehicles passing buses with lights flashing in January

‘The whole door was gone’ witness recounts alleged kidnapping at Kelowna apartment

Patricia Sawadsky looked outside to see numerous police vehicles surrounding her apartment

Trump officially declares national emergency to build border wall

President plans to siphon billions from federal military construction and counterdrug efforts

Anonymous donor offers to match donations for Keremeos youth drop-in centre

A fundraising campaign is underway to start a youth drop-in centre in Keremeos

Snow turns to slush, rain as it warms up across B.C.’s south coast

Some areas are already covered by more than half a metre of snow following three separate storms

Most Read