TSX slips as health-care, consumer stocks lose ground; Canadian dollar up

The TSX dipped lower in late-morning while the loonie was trading at 79.94 cents U.S., up from an average price of 79.78 cents U.S. on Thursday.

The S&P/TSX composite index was down 3.04 points to 16,283.90, after 90 minutes of trading Friday.
The S&P/TSX composite index was down 3.04 points to 16,283.90, after 90 minutes of trading Friday.  (Frank Gunn / THE CANADIAN PRESS file photo)  

Canada’s main stock index slipped lower in late-morning trading as the health-care and consumer staples sectors lost ground.

The S&P/TSX composite index was down 3.04 points to 16,283.90, after 90 minutes of trading.

In New York, the Dow Jones industrial average was up 199.82 points to 25,774.55. The S&P 500 index was up 14.92 points to 2,782.48 and the Nasdaq composite index was up 40.01 points to 7,251.79.

The Canadian dollar was trading at 79.94 cents U.S., up from an average price of 79.78 cents U.S. on Thursday.

The February crude contract was down 31 cents to $63.49 U.S. per barrel and the February natural gas contract up three cents to $3.11 per mmBTU.

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The February gold contract was up $9.80 to $1,332.30 an ounce and the March copper contract was unchanged at $3.23 a pound.