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

A broad-based rally pushed Canada’s main stock index higher in late-morning trading, as U.S. stocks also climbed.

The S&P/TSX composite index was up 156.58 points at 20,042.52.

In New York, the Dow Jones industrial average was up 170.26 points at 33,479.77. The S&P 500 index was up 17.55 points at 4,227.79, while the Nasdaq composite was up 32.87 points at 12,887.68.

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The Canadian dollar traded for 78.39 cents US compared with 78.19 cents US on Wednesday.

The September crude contract was up US$1.13 at US$93.06 per barrel and the September natural gas contract was up nearly 21 cents at US$8.41

The December gold contract was down US$5.60 at US$1,808.10 an ounce and the September copper contract was up five cents at US$3.70 a pound.




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