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

TORONTO –

Strength within the base metallic and industrial sectors helped carry Canada’s predominant inventory index in late-morning buying and selling, whereas U.S. markets additionally climbed increased.

The S&P/TSX composite index was up 42.70 factors at 20,015.92.

In New York, the Dow Jones industrial common was up 167.83 factors at 33,765.75. The S&P 500 index was up 18.39 factors at 3,952.31, whereas the Nasdaq composite was up 84.38 factors at 11,042.93.

The Canadian greenback traded for 73.54 cents US in contrast with 73.31 cents US on Wednesday.

The January crude contract was down 84 cents at US$71.17 per barrel and the January pure fuel contract was up 14 cents at US$5.87 per mmBTU.

The February gold contract was up US$4.10 at US$1,802.10 an oz. and the March copper contract was up a penny at US$3.87 a pound.

This report by The Canadian Press was first printed Dec. 8, 2022