Energy gives S&P/TSX composite a lift in late-morning trade as crude oil prices rise

0

TORONTO — Canada’s main stock index rebounded in late-morning trading Thursday as higher crude oil prices helped the energy sector, while U.S. stock markets and the loonie were also up.

The S&P/TSX composite index gained 66.14 points at 20,395.87.

In New York, the Dow Jones industrial average was up 193.73 points at 34,986.40. The S&P 500 index was up 16.65 points at 4,419.31, while the Nasdaq composite was up 69.55 points at 14,850.08.

The Canadian dollar traded for 80.06 cents US compared with 79.71 cents US on Wednesday.

The September crude oil contract was up 48 cents at US$68.63 per barrel and the September natural gas contract was up 1.1 cents at US$4.17 per mmBTU.

The December gold contract was down US$9.40 at US$1,805.10 an ounce and the September copper contract was up 1.2 cents at US$4.34 a pound.

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