Tech sector helps lead rally for S&P/TSX composite, U.S. stock markets also up

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TORONTO — Gains in the technology sector helped lead a broad-based rally on the Toronto Stock Exchange as Canada’s main stock index posted a gain of more than 200 points in late-morning trading, while U.S. stock markets also climbed higher.

The S&P/TSX composite index was up 208.35 points at 21,163.34.

In New York, the Dow Jones industrial average was up 181.56 points at 35,672.25. The S&P 500 index was up 37.98 points at 4,589.66, while the Nasdaq composite was up 181.87 points at 15,417.71.

The Canadian dollar traded for 81.04 cents US compared with 80.92 cents US on Wednesday.

The December crude oil contract was down 56 cents at US$82.10 per barrel and the December natural gas contract was down 35 cents at US$5.85 per mmBTU.

The December gold contract was up US$2.20 at US$1,801.00 an ounce and the December copper contract was up six cents at US$4.45 a pound.

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

 

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