S&P/TSX composite up in late-morning trading, U.S. stock markets also higher
TORONTO — Canada’s main stock index was up in late-morning trading, helped by gains in the industrial and energy stocks, while U.S. stock markets also climbed.
The S&P/TSX composite index was up 63.22 points at 21,791.77.
In New York, the Dow Jones industrial average was up 225.62 points at 38,128.91. The S&P 500 index was up 24.30 points at 5,042.69, while the Nasdaq composite was up 126.05 points at 15,731.53.
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The Canadian dollar traded for 72.95 cents US compared with 72.68 cents US on Wednesday.
The June crude oil contract was down 47 cents at US$78.53 per barrel and the June natural gas contract was up nine cents at US$2.02 per mmBTU.
The June gold contract was up US$3.60 at US$2,314.60 an ounce and the July copper contract was down six cents at US$4.49 a pound.
This report by The Canadian Press was first published May 2, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
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The Canadian Press