S&P/TSX composite up more than 200 points, U.S. stock markets also rise

TORONTO –

Strength within the base steel and power sectors helped Canada’s foremost inventory index rise greater than 200 factors in late-morning buying and selling, whereas U.S. inventory markets climbed increased.

The S&P/TSX composite index was up 261.61 factors at 19,768.45.

In New York, the Dow Jones industrial common was up 560.45 factors at 33,490.53. The S&P 500 index was up 62.13 factors at 3,870.23, whereas the Nasdaq composite was up 154.45 factors at 10,459.69.

The Canadian greenback traded for 74.21 cents US in contrast with 73.72 cents US on Thursday.

The February crude contract was up 93 cents at US$74.60 per barrel and the February pure gasoline contract was up a penny at US$3.73 per mmBTU.

The February gold contract was up US$26.60 at US$1,867.20 an oz. and the March copper contract was up 5 cents at US$3.88 a pound.