Tech sector helps lift S&P/TSX composite higher, U.S. stock markets mixed

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TORONTO — Gains in the technology sector helped lead Canada’s main stock index higher in late-morning trading, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 80.93 points at 20,518.05.

In New York, the Dow Jones industrial average was down 163.78 points at 34,214.56. The S&P 500 index was down 5.53 points at 4,345.12, while the Nasdaq composite was up 58.18 points at 14,524.11.

The Canadian dollar traded for 80.38 cents US compared with 80.25 cents US on Tuesday.

The November crude contract was down 26 cents at US$80.38 per barrel and the November natural gas contract was down 12 cents at US$5.38 per mmBTU.

The December gold contract was up US$36.70 at US$1,796.00 an ounce and the December copper contract was up 10 cents at US$4.43 a pound.

This report by The Canadian Press was first published Oct. 13, 2021.

Companies in this story: (TSX:GSPTSE, TSX:CADUSDX)