S&P/TSX composite up nearly 100 points in late-morning trading, U.S. markets also up

TORONTO –

Strength within the expertise, monetary and base metallic sectors helped Canada’s principal inventory index acquire practically 100 factors in late-morning buying and selling, whereas U.S. inventory markets additionally pushed increased.

The S&P/TSX composite index was up 98.09 factors at 20,710.21.

In New York, the Dow Jones industrial common was up 273.34 factors at 34,142.61. The S&P 500 index was up 35.54 factors at 4,126.00, whereas the Nasdaq composite was up 150.43 factors at 11,868.55.

The Canadian greenback traded for 74.90 cents US in contrast with 74.84 cents US on Friday.

The March crude contract was down 22 cents at US$79.50 per barrel and the March pure gasoline contract was down 5 cents at US$2.46 per mmBTU.

The April gold contract was down US$11.00 at US$1,863.50 an oz and the March copper contract was up three cents at US$4.05 a pound.

This report by The Canadian Press was first printed Feb. 13, 2023