Energy stocks help boost Toronto market, U.S. stocks climb higher

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TORONTO — Canada’s main stock index was higher in late-morning trading, boosted by gains in the energy sector.

The S&P/TSX composite index was up 38.13 points at 16,369.16.

In New York, the Dow Jones industrial average was up 75.12 points at 25,833.81. The S&P 500 index was up 9.27 points at 2,866.32, while the Nasdaq composite was up 45.69 points at 7,866.69.

The Canadian dollar traded higher at 76.66 cents US compared with an average of 76.54 cents US on Monday.

The October crude oil contract was up 78 cents at US$66.20 per barrel and the September natural gas contract was up 2.3 cents at US$2.96 per mmBTU.

The December gold contract was up US$1.10 at US$1,195.70 an ounce and the September copper contract was up 2.95 cents at US$2.70 a pound.

The Canadian Press

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