Canadian and U.S. stock markets higher in late-morning trading, loonie edges up

0

TORONTO — Canada’s main stock index pushed higher in late-morning trading, fuelled by gains in the energy, financial and industrial sectors, while U.S. stock markets also gained ground.

The S&P/TSX composite index was up 89.90 points at 16,327.67.

In New York, the Dow Jones industrial average was up 338.66 points at 26,236.37. The S&P 500 index was up 37.56 points at 2,920.65, while the Nasdaq composite was up 127.06 points at 7,990.47.

The Canadian dollar traded for 75.58 cents US, compared with an average of 75.55 cents US on Monday.

The September crude contract was up US$1.87 at US$56.80 per barrel and the September natural gas contract was up six cents at US$2.16 per mmBTU.

The December gold contract was down US$3.30 at US$1,513.90 an ounce and the September copper contract was up 3.85 cents at US$2.62 a pound.

 

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)