12:19 PM EST, 12/24/2024 (MT Newswires) -- The Toronto Stock Exchange is up 80 points adding to the 335 points gained over the previous two days. The biggest gainers are energy (+1.2%) and technology (+0.7%), with industrials (+0.4%) and financials (+0.2%) posting more modest gains.

Telecoms (-0.4%) is the biggest decliner.

The resources heavy index was likely boosted by oil futures. MarketWatch noted earlier Tuesday they futures were modestly higher in pre-holiday trade, holding their recent range with support tied to lingering geopolitical worries around Russia and the Middle East and pressure linked to expectations for a crude surplus amid a shaky outlook for demand.

Crude Oil was up US$1.07 cents at US$70.31 per barrel, while The Canadian Press noted the February natural gas contract was up US$0.13 at US$3.48 per MMBtu.

The Gold Continuous Contract was up US$4.30 at US$2,632.50.