S&P/TSX composite up more than 100 points as oil climbs, U.S. stock markets rise

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TORONTO — Gains in the energy sector helped Canada’s main stock index post a triple-digit advance in late-morning trading, while U.S. stock markets also surged higher.

The S&P/TSX composite index was up 144.32 points at 20,196.57.

In New York, the Dow Jones industrial average was up 473.08 points at 34,476.00. The S&P 500 index was up 64.14 points at 4,364.60, while the Nasdaq composite was up 221.19 points at 14,476.67.

The Canadian dollar traded for 79.64 cents US compared with 79.47 cents US on Monday.

The November crude contract was up US$1.56 at US$79.18 per barrel and the November natural gas contract was up 39 cents at US$6.16per mmBTU.

The December gold contract was down US$12.80 at US$1,754.80 an ounce and the December copper contract was down four cents at US$4.20 a pound.

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

 

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