TORONTO — A broad-based rally led by the materials sector, which includes the big names in the mining sector, helped Canada’s main stock index higher in early trading.
The S&P/TSX composite index was up 177.56 points at 15,774.31.
In New York, the Dow Jones industrial average was up 334.49 points at 26,161.85. The S&P 500 index was up 40.33 points at 3,170.34, while the Nasdaq composite was up 159.36 points at 10,366.99.
The Canadian dollar traded for 73.82 cents US compared with 73.72 cents US on Friday.
The August crude contract was down 45 cents at US$40.20 per barrel and the August natural gas contract was up seven cents at nearly US$1.81 per mmBTU.
The August gold contract was up US$6.30 at US$1,796.30 an ounce and the September copper contract was up two cents at US$2.77 a pound.
This report by The Canadian Press was first published July 6, 2020
