S&P/TSX composite up more than 100 points, U.S. stocks also higher
TORONTO — Gains the energy and base metal sectors helped Canada’s main stock index gain more than 100 points in late-morning trading, while the loonie also rose to top 75 cents US.
The S&P/TSX composite index was up 116.77 points at 20,038.08.
In New York, the Dow Jones industrial average was up 178.46 points at 34,244.79. The S&P 500 index was up 31.73 points at 4,370.66, while the Nasdaq composite was up 102 points at 13,563.92.
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The Canadian dollar traded for 75.23 cents US compared with 74.82 cents US on Monday.
The July crude contract was up US$2.47 at US$69.59 per barrel and the July natural gas contract was up nine cents at US$2.35 per mmBTU.
The August gold contract was down US$4.80 at US$1,964.90 an ounce and the July copper contract was up eight cents at US$3.84 a pound.
This report by The Canadian Press was first published June 13, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
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The Canadian Press