Tech sector lifts S&P/TSX composite in early trading, U.S. stock markets also rise


TORONTO — Gains in the technology sector helped lift Canada’s main stock index in early trading, while U.S. stock markets also climbed higher.

The S&P/TSX composite index was up 14.79 points at 20,245.75.

In New York, the Dow Jones industrial average was up 38.32 points 34,071.99. The S&P 500 index was up 5.63 points at 4,229.33, while the Nasdaq composite was up 5.74 points at 14,045.42.

The Canadian dollar traded for 81.26 cents US compared with 82.03 cents US on Wednesday.

The July crude oil contract was up five cents at US$72.20 per barrel and the July natural gas contract was down four cents at US$3.21 per mmBTU.

The August gold contract was down US$77.90 at US$1,783.50 an ounce and the July copper contract was down nine cents at US$4.29 a pound.

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