Energy sector gains helps S&P/TSX composite rise, while U.S. stock markets also gain

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TORONTO — Gains in the energy sector helped Canada’s main stock index move higher and regain some of the ground it lost on Tuesday, while U.S. stock markets also rose.

The S&P/TSX composite index was up 67.68 points in late-morning trading at 20,241.82.

In New York, the Dow Jones industrial average was up 192.71 points at 34,492.70. The S&P 500 index was up 23.71 points at 4,376.34, while the Nasdaq composite was up 49.18 points at 14,595.86.

The Canadian dollar traded for 78.48 cents US compared with 78.86 cents US on Tuesday.

The November crude oil contract was up 23 cents at US$75.52 per barrel and the November natural gas contract was down 25 cents at US$5.63 per mmBTU.

The December gold contract was down US$6.80 at US$1,730.70 an ounce and the December copper contract was down three cents at US$4.21 a pound.

 

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

 


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