S&P/TSX composite up 400 points in late-morning trading, U.S. stocks also rally


TORONTO — A broad-based rally helped Canada’s main stock index gain 400 points in late-morning trading, while U.S. stock markets also rallied to gain ground.

The S&P/TSX composite index was up 400.14 points at 20,099.19.

In New York, the Dow Jones industrial average was up 491.13 points at 32,221.43. The S&P 500 index was up 86.62 points at 4,016.70, while the Nasdaq composite was up 380.62 points at 11,751.58.

The Canadian dollar traded for 77.30 cents US compared with 76.69 cents US on Thursday.

The June crude contract was up US$3.69 at US$109.82 per barrel and the June natural gas contract was down 18 cents at US$7.56 per mmBTU.

The June gold contract was down US$10.60 at US$1,814.00 an ounce and the July copper contract was up four cents at US$4.14 a pound.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)




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