Materials sector leads Toronto stock market higher, U.S. stocks also up

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TORONTO — The materials sector led Canada’s main stock index higher in late-morning trading, while U.S. stock markets also gained ground.

The S&P/TSX composite index was up 68.20 points at 16,479.08.

In New York, the Dow Jones industrial average was up 132.26 points at 26,440.05. The S&P 500 index was up 21.40 points at 2,938.92, while the Nasdaq composite was up 99.16 points at 8,135.93.

The Canadian dollar traded for 74.56 cents US compared with an average of 74.28 cents US on Thursday.

The June crude contract was up 61 cents at US$62.42 per barrel and the June natural gas contract was down 2.3 cents at US$2.57 per mmBTU.

The June gold contract was up US$10.20 at US$1,282.20 an ounce and the July copper contract was up 4.7 cents at US$2.83 a pound.

 

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

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