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

Lock it or lose it, Kimberley RCMP says

Kimberley RCMP are reminding everyone to lock up their vehicles and valuable… Continue reading

Province announces $2.5-million boost to increase tourism in B.C.’s resort towns

Changes to RMI funding are bringing more money to places like Harrison and Tofino

Residents say crosswalk is unsafe

Approximately 200 Kimberley residents have expressed concerns with the crosswalk on Spokane… Continue reading

Cranbrook RCMP respond to fatal canoe incident at Moyie Lake

A young man died after a canoe overturned in the lake early Tuesday morning

Canada privacy watchdog taking Facebook to court

If the court application is successful, it could lead to modest fines and an order for Facebook to revamp its privacy

One million recyclable bottles “lost” daily in B.C., foundation says

387 million beverage containers didn’t make it back into the province’s regulated deposit refund system in 2017

VIDEO: B.C.’s waving granny gets incredible send-off from school kids

Tinney Davidson has been waving at students on their way to school for over 11 years, but is moving in a month

Struggling B.C. adoption agency elects new board that intends to keep it open

The previous board announced that Choices would close May 31

Drug decriminalization report welcomed in East Kootenay

Provincial report recommends decriminalizing people who use illicit drugs, shift focus to treatment

New flight service an ‘angel’ for medical patients

Angel Flight East Kootenay will fly medical patients to Kelowna or Vancouver

Vancouver man, 19, charged in human trafficking case involving teen girl

The 16-year-old girl was reported missing and later discovered in Vancouver

Family dog stolen from Kootenay backyard

RCMP appealing for information on pregnant Karelian bear dog missing from Elko, B.C.

Most Read