TORONTO — Canada’s main stock index posted a triple-digit advance in late-morning trading led by the energy and financial sectors, while U.S. stock markets also climbed higher in the wake of positive test results for a second potential COVID-19 vaccine.
The S&P/TSX composite index was up 131.14 points at 16,806.78.
In New York, the Dow Jones industrial average was up 451.75 points at 29,931.56. The S&P 500 index was up 41.10 points at 3,626.25, while the Nasdaq composite was up 88.22 points at 11,917.51.
The Canadian dollar traded for 76.52 cents US compared with 76.06 cents US on Friday.
The December crude contract was US$1.42 at US$41.55 per barrel and the December natural gas contract was down 24 cents at US$2.76 per mmBTU.
The December gold contract was up US$3.40 at US$1,889.60 an ounce and the December copper contract was up four cents at US$3.22 a pound.
This report by The Canadian Press was first published Nov. 16, 2020.
