Stock market today: Energy and financial stocks help boost S&P/TSX composite higher

TORONTO –

Canada’s foremost inventory index was up in late-morning buying and selling as positive aspects the heavyweight vitality and monetary sectors helped elevate the Toronto market larger.

The S&P/TSX composite index was up 40.46 factors at 19,960.77.

The positive aspects got here with U.S. inventory markets closed for the Memorial Day vacation.

The Canadian greenback traded for 73.59 cents US in contrast with 73.41 cents US on Friday.

The July crude contract was down 13 cents at US$72.54 per barrel and the July pure fuel contract was down six cents at US$2.35 per mmBTU.

The August gold contract was up US$2.00 at US$1,965.10 an oz. and the July copper contract was down lower than a penny at US$3.68 a pound.

This report by The Canadian Press was first printed May 29, 2023