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S&P/TSX composite pushed up by base metals, U.S. markets mixed

Base metals pushed Canada’s main stock index up in late-morning trading, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 40.54 points at 21,870.39.

In New York, the Dow Jones industrial average was down 50.67 points at 38,854.99. The S&P 500 index was down 19.25 points at 5,131.23, while the Nasdaq composite was down 119.56 points at 16,008.97.

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The Canadian dollar traded for 73.98 cents US compared with 74.01 cents US on Thursday.

The April crude oil contract was down 22 cents at US$81.04 per barrel and the April natural gas contract was down five cents at US$1.68 per mmBTU.

The April gold contract was unchanged at US$2,167 an ounce and the May copper contract was up seven cents at US$4.01 a pound.

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