TORONTO – Gains in the financial and industrial sectors led Canada’s main stock index higher in late-morning trading on Monday, while U.S. stock markets also rose.
The S&P/TSX composite index was up 126.25 points at 22,816.64.
In New York, the Dow Jones industrial average was up 88.24 points at 40,375.77. The S&P 500 index was up 39.17 points at 5,544.17, while the Nasdaq composite was up 168.11 points at 17,895.05.
The Canadian dollar traded for 72.70 cents US compared with 72.85 cents US on Friday.
The September crude oil contract was down 24 cents at US$78.40 per barrel and the August natural gas contract was up 10 cents at US$2.26 per mmBTU.
The August gold contract was down US$8.70 at US$2,390.40an ounce and the September copper contract was down six cents at US$4.18 a pound.
This report by The…
