The main index on the Toronto Stock Exchange and the Canadian dollar were higher in late-morning trading.
The S&P/TSX composite index was up 7.93 points at 15,506.73, after 90 minutes of trading.
Meanwhile, the loonie was at 76.05 cents US, up 0.10 of a U.S. cent from Tuesday.
The March crude oil contract was up 39 cents at US$52.56 per barrel and March natural gas was unchanged at US$3.13 per mmBtu.
The April gold contract was up $6.70 at US$1,242.80 an ounce and March copper contracts were up five cents at US$2.68 a pound.
U.S. stock indexes were drifting between small gains and losses in morning trading Wednesday as the market recouped much of an early loss. Utilities, real estate and other stocks that pay large dividends led the gainers as bond yields fell. Banks and other financial companies fell the most. Investors had their eye on the latest batch of earnings from Disney and other big companies.
The Dow Jones industrial average fell 31 points, or 0.2 per cent, to 20,059 as of 11:14 a.m. Eastern Time. The Standard & Poor’s 500 index was up less than 1 point to 2,293. The Nasdaq composite index added 4 points, or 0.1 per cent, to 5,679. The Nasdaq was coming off an all-time high set Tuesday.
Myriad Genetics jumped 10.5 per cent after the diagnostic test maker said sales of hereditary cancer tests have begun rising again, driving revenue to the highest level in three years. The stock gained $1.62 to $17.02.
Panera Bread climbed 7.2 per cent after the bakery chain announced solid fourth-quarter results and gave a better-than-expected forecast for sales at older locations. The stock gained $15.24 to $299.52.
Disney was up 1 per cent after the media conglomerate’s latest quarterly earnings beat Wall Street’s estimates. The stock added $1.07 to $110.07.
With files from the Associated Press.
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