S&P/TSX composite edges higher in late-morning trading, U.S. stock markets also rise

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TORONTO — Gains in the base metals sector helped Canada’s main stock index edge higher in late-morning trading, while U.S. stock markets also rose.

The S&P/TSX composite index was up 8.57 points at 20,529.17.

In New York, the Dow Jones industrial average was up 46.24 points at 35,546.09. The S&P 500 index was up 4.14 points at 4,464.97, while the Nasdaq composite was 1.92 points at 14,818.18.

The Canadian dollar traded for 79.96 cents US compared with 79.87 cents US on Thursday.

The September crude oil contract was down 29 cents at US$68.80 per barrel and the September natural gas contract was down less than a penny at US$3.93 per mmBTU.

The December gold contract was up US$22.90 at US$1,774.70 an ounce and the September copper contract was up five cents at US$4.41 a pound.

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

 

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