Energy stocks help lift S&P/TSX composite index as U.S. stock markets also rise


TORONTO — Canada’s main stock index climbed higher in late-morning trading, led by gains in the energy sector as the price of oil moved up.

The S&P/TSX composite index was up 18.60 points at 20,837.69.

In New York, the Dow Jones industrial average was up 50.22 points at 32,966.00. The S&P 500 index was up 7.89 points at 4,129.32, while the Nasdaq composite was up 47.91 points at 12,109.28.

The Canadian dollar traded for 79.73 cents US compared with 79.59 cents US on Monday.

The July crude contract was up 69 cents at US$119.19 per barrel and the July natural gas contract was down four cents at US$9.29 per mmBTU.

The August gold contract was up US$9.40 at US$1,853.10 an ounce and the July copper contract was down a penny at US$4.43 a pound.

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



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