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

TORONTO –

Strength within the base metallic shares helped lead Canada’s major inventory index greater in late-morning buying and selling, whereas U.S. inventory markets additionally rose to begin the buying and selling week.

The S&P/TSX composite index was up 97.69 factors at 20,172.34.

In New York, the Dow Jones industrial common was up 32.04 factors at 34,608.63. The S&P 500 index was up 13.86 factors at 4,471.35, whereas the Nasdaq composite was up 84.96 factors at 13,846.49.

The Canadian greenback traded for 73.54 cents US in contrast with 73.36 cents US on Friday.

The October crude contract was down 10 cents at US$87.41 per barrel and the October pure gasoline contract was down lower than a penny at US$2.60 per mmBTU.

The December gold contract was up US$2.60 at US$1,945.30 an oz and the December copper contract was up 9 cents at US$3.81 a pound.

This report by The Canadian Press was first printed Sept. 11, 2023.