Tech stocks help lift S&P/TSX composite higher, U.S. stock markets also up

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TORONTO — Strength in the technology sector led Canada’s main stock index higher in late-morning trading, while U.S. stock markets also made gains for another day.

The S&P/TSX composite index was up 25.78 points at 18,963.49.

In New York, the Dow Jones industrial average was up 23.33 points at 31,850.38. The S&P 500 index was up 25.59 points at 3,962.28, while the Nasdaq composite was up 175.15 points at 11,888.29.

The Canadian dollar traded for 77.68 cents US compared with 77.50 cents US on Tuesday.

The September crude contract was down 94 cents at US$99.80 per barrel and the August natural gas contract was up 15 cents at US$7.41 per mmBTU.

The August gold contract was down US$3.90 at US$1,706.80 an ounce and the September copper contract was up five cents at US$3.34 a pound.

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

 

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