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Energy stocks help nudge S&P/TSX composite higher, U.S. stock markets mixed

Strength in the energy sector helped Canada’s main stock index inch higher on Tuesday as the price of oil moved up.

The S&P/TSX composite index closed up 23.42 points at 21,611.30.

In New York, the Dow Jones industrial average was up 56.76 points at 38,834.86. The S&P 500 index was up 13.80 points at 5,487.03, while the Nasdaq composite was up 5.21 points at 17,862.23.

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The Canadian dollar traded for 72.87 cents US compared with 72.76 cents US on Monday.

The August crude oil contract was up 99 cents at US$80.71 per barrel and the July natural gas contract was up 12 cents at US$2.91 per mmBTU.

The August gold contract was up US$17.90 at US$2,346.90 an ounce and the July copper contract was up four cents at US$4.49 a pound.


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