TSX posts more records on broad gains as crude surpasses US$70 a barrel

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TORONTO — Canada's main stock index had another record day on broad gains as crude oil futures settled above US$70 a barrel.

The S&P/TSX composite index gained 30.62 points to a record close of 20,065.92.

In New York, the Dow Jones industrial average was down 30.42 points at 34,599.82. The S&P 500 index was up 0.74 of a point at 4,227.26, while the Nasdaq composite was up 43.19 points at 13,924.91.

The Canadian dollar traded for 82.67 cents US compared with 82.83 cents US on Monday.

The July crude contract was up 82 cents at US$70.05 per barrel and the July natural gas contract was up 5.8 cents at US$3.13 per mmBTU.

The August gold contract was down US$4.40 at US$1,894.40 an ounce and the July copper contract was up nearly three cents at US$4.56 a pound.

This report by The Canadian Press was first published June 8, 2021.

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

The Canadian Press

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