Tech sector helps lift S&P/TSX composite, U.S. stock markets also rise

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TORONTO — Gains in the technology sector helped Canada’s main stock index move higher in early trading even as the energy and base metal sectors fell amid weaker commodity prices.

The S&P/TSX composite index was up 23.01 points at 19,440.04.

In New York, the Dow Jones industrial average was up 8.18 points at 33,904.22. The S&P 500 index was up 16.16 points at 4,131.84, while the Nasdaq composite was up 95.25 points at 13,394.99.

The Canadian dollar traded for 82.74 cents US compared with 82.64 cents US on Wednesday.

The July crude oil contract was down 21 cents at US$63.14 per barrel and the July natural gas contract was down a penny at US$3.02 per mmBTU.

The June gold contract was down US$10.10 at US$1,871.40 an ounce and the July copper contract was down less than a penny at US$4.58 a pound.

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