BS: TSX higher as resource stocks regain ground, but Wall Street slipping
TORONTO — The Toronto Stock Exchange opened higher, helped by a boost in the resource sector, a day after the group dragged the market lower.
The S&P/TSX composite index climbed 43.28 points to 14,468.83 in early trading.
The move came as the August contract for gold was down US$3.10 at US$1,103.70 per ounce.
The September contract for crude oil gained 48 cents at US$50.92, while the August contract for natural gas climbed 5.7 cents at US$2.88.
In the U.S., markets were lower as the Dow Jones industrial average lost 116.55 points to hit 17,983.86, while the Nasdaq slipped 2.30 points to 5,216.56. The S&P 500 lost 2.59 points at 2,125.69.
The Canadian dollar was up 0.16 of a cent at 77.10 cents US.
