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

TORONTO –

Canada’s principal inventory index was up in late-morning buying and selling as power within the know-how sector helped lead a broad-based achieve, whereas U.S. inventory markets have been additionally larger.

The S&P/TSX composite index up 40.34 factors at 20,063.80.

In New York, the Dow Jones industrial common was up 200.11 factors at 34,308.75. The S&P 500 index was up 24.55 factors at 4,044.20, whereas the Nasdaq composite was up 68.07 factors at 11,324.88.

The Canadian greenback traded for 73.72 cents US in contrast with 73.82 cents US on Tuesday.

The January crude contract was up US$1.54 at US$76.93 per barrel and the January pure gasoline contract was down 32 cents at US$6.62 per mmBTU.

The February gold contract was down US$2.50 at US$1,823.00 an oz and the March copper contract was up three cents at US$3.87 a pound.

This report by The Canadian Press was first revealed Dec. 14, 2022