Financial and energy sectors help lift TSX higher, U.S. stock markets post gains

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TORONTO — Canada’s main stock index was up in late-morning trading, as gains in the financial and energy sectors helped lift the market higher.

The S&P/TSX composite index was up 30.56 points at 16,913.32.

In New York, the Dow Jones industrial average was up 66.53 points at 27,758.02. The S&P 500 index was up 14.25 points at 3,101.26, while the Nasdaq composite was up 50.41 points at 8,514.69.

The Canadian dollar traded for 75.59 cents US compared with an average of 75.63 cents US on Friday.

The December crude contract was up 31 cents at US$57.17 per barrel and the December natural gas contract was down 1.2 cents at US$2.62 per mmBTU.

The December gold contract was down US$5.10 at US$1,452.00 an ounce and the December copper contract was down one cent at US$2.65 a pound.

 

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