S&P/TSX composite index rises in late morning trading, U.S. markets also up
Broad-based gains led Canada’s main stock index higher in late-morning trading, while U.S. stock markets also rose.
The S&P/TSX composite index was up 57.59 points at 21,826.81.
In New York, the Dow Jones industrial average was up 244.45 points at 39,014.11. The S&P 500 index was up 50.33 points at 5,168.27, while the Nasdaq composite was up 215.72 points at 16,235.00.
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The Canadian dollar traded for 74.05 cents US compared with 74.12 cents US on Monday.
The April crude oil contract was up 68 cents at US$78.61 per barrel and the April natural gas contract was down four cents at US$1.72 per mmBTU.
The April gold contract was down US$22.30 at US$2,166.30 an ounce and the May copper contract was down a penny at US$3.92 a pound.
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