TORONTO — Canada’s main stock index moved higher Monday as gold prices rose and markets digested news about a potential vaccine for the novel coronavirus.
The S&P/TSX composite index was up 60.18 points at 16,183.66.
In New York, the Dow Jones industrial average was up 8.92 points at 26,680.87. The S&P 500 index was up 27.11 points at 3,251.84, while the Nasdaq composite was up 263.90 points at 10,767.09.
The Canadian dollar traded for 73.84 cents US compared with an average of 73.67 cents on Friday.
The September crude contract was up 17 cents at US$40.92 per barrel and the August natural gas contract was down 7.7 cents at nearly US$1.64 per mmBTU.
The August gold contract was up US$7.40 at US$1,817.40 an ounce and the September copper contract was up 1.1 cents at nearly US$2.92 a pound.
This report by The Canadian Press was first published July 20, 2020.
