In a positive turn of events, technology stocks have played a significant role in keeping both the Canadian and U.S. stock markets in the green in late-morning trading. While the S&P/TSX composite index gained 2.67 points at 21,104.21, the Dow Jones industrial average surged by 97.61 points, reaching 38,146.74. The S&P 500 index saw a rise of 6.72 points, standing at 4,900.88, and the Nasdaq composite experienced a boost of 9.52 points, reaching 15,520.02.
Moreover, the Canadian dollar displayed a slight improvement, trading at 74.31 cents US compared to 74.10 cents US on the previous day. On the energy front, the March crude oil contract faced a decline of 25 cents, settling at US$77.11 per barrel. Similarly, the March natural gas contract witnessed a decrease of six cents, reaching US$2.12 per mmBTU. In the precious metals sector, the February gold contract observed a modest decrease of 30 cents, valued at US$2,017.50 per ounce….
