S&P/TSX composite pushes higher into record territory, U.S. stock markets also up

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TORONTO — Gains in the heavyweight industrial and financial sectors helped lift Canada’s main stock index further into record territory in late-morning trading, while U.S. stock markets also climbed higher.

The S&P/TSX composite index was up 64.09 points at 21,151.08 after going as high as 21,175.66 earlier in the morning.

In New York, the Dow Jones industrial average was up 157.52 points at 35,614.83. The S&P 500 index was up 16.77 points at 4,536.40, while the Nasdaq composite was up 13.68 points at 15,142.77.

The Canadian dollar traded for 81.16 cents US compared with 80.93 cents US on Tuesday.

The December crude contract was up 35 cents at US$82.79 per barrel and the November natural gas contract was down four cents at US$5.05 per mmBTU.

The December gold contract was up US$13.20 at US$1,783.70 an ounce and the December copper contract was up two cents at US$4.72 a pound.

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