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North American stock markets up slightly to start June after two strong months

TORONTO — North American stock markets followed two strong months of recovery by kicking June off slightly higher amid cautious optimism about economic reopenings.

The S&P/TSX composite index closed up 43.38 points at 15,236.21.

In New York, the Dow Jones industrial average was up 91.91 points at 25,475.02. The S&P 500 index was up 11.42 points at 3,055.73, while the Nasdaq composite was up 62.18 points at 9,552.05.

The Canadian dollar traded for 73.42 cents US compared with 72.53 cents US on Friday.

The July crude contract was down five cents at US$35.44 per barrel and the July natural gas contract was down 7.5 cents at US$1.77 per mmBTU.

The August gold contract was down US$1.40 at US$1,750.30 an ounce and the July copper contract was up 4.5 cents at US$2.47 a pound.

This report by The Canadian Press was first published June 1, 2020.

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/north-american-stock-markets-up-slightly-to-start-june-after-two-strong-months-1.4962995

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