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TSX closes above 16,000 for first time

A sign board displaying Toronto Stock Exchange (TSX) stock information. Reuters file photo

TORONTO — The Toronto stock index closed above the 16,000 mark for the first time today, despite modest declines on Wall Street.

The S&P/TSX composite index rose 49.27 points to 16,002.78, boosted by the health-care and energy sectors.

READ MORE: TSX rises 62 points to close at record high

In New York, the Dow Jones industrial average fell 85.45 points to 23,348.74. The S&P 500 index was down 8.24 points to 2,572.83 and the Nasdaq composite index edged back 2.30 points to 6,698.96.

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The Canadian dollar was trading at an average price of 77.90 cents US, up 0.22 of a U.S. cent.

READ MORE: Imperial Oil reports $371-million third-quarter profit, down from 1 year ago

In commodities, the December crude contract advanced 25 cents to US$54.15 per barrel and the December natural gas contract was unchanged at US$2.97 per mmBTU.

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The December gold contract was up US$5.90 to US$1,277.70 an ounce and the December copper contract added a penny at US$3.11 a pound.

WATCH: Trump says stock market gains offset U.S. debt over the past eight years

Click to play video: 'Trump says stock market gains offset U.S. debt over the past eight years'
Trump says stock market gains offset U.S. debt over the past eight years

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