Skip to main content

The winning streak on the Toronto stock market extended to a fourth session as buyers picked up industrial stocks and energy shares benefited from another rise in oil prices.

The S&P/TSX composite index moved 88.96 points higher to 10,304.42.

The industrials sector ran ahead 1.4 per cent ahead of earnings coming out Friday from General Electric.

Story continues below advertisement

Crude stocks advanced as the price of oil in New York gained 48 cents to $62.02 (U.S.) a barrel. Energy giant Nexen Inc. lost 6.6 per cent after handing in a disappointing earnings report.

The Canadian dollar moved down 0.23 of a cent to 89.51 cents U.S.

New York markets also ran up for a fourth session with the Dow Jones industrial average ahead 95.61 points to 8,711.82. The Nasdaq composite index gained 22.13 points to 1,885.03.

Report an error
Comments are closed

We have closed comments on this story for legal reasons. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.