TORONTO — Canada’s main stock index was up more than 150 points in late-morning trading as gains in the base metal stocks helped lead the way higher and U.S. stock markets also rose.
The S&P/TSX composite index was up 161.31 points at 20,039.87.
In New York, the Dow Jones industrial average was up 265.93 points at 34,527.35. The S&P 500 index was up 44.01 points at 4,483.27, while the Nasdaq composite was up 171.41 points at 13,932.11.
The Canadian dollar traded for 75.96 cents US compared with 75.41 cents US on Tuesday.
The August crude contract was up 87 cents at US$75.70 per barrel and the August natural gas contract was down eight cents at US$2.65 per mmBTU.
The August gold contract was up US$23.00 at US$1,960.10 an ounce and the September copper contract was up nine cents at US$3.86 a pound.
This report by The Canadian Press was first published July 12, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
The Canadian Press
