TORONTO — Gains in the financial and materials sectors helped boost Canada’s main stock index in late-morning trading, while U.S. stock markets surged higher.
The S&P/TSX composite index was up 131.74 points at 15,845.56.
In New York, the Dow Jones industrial average was up 423.05 points at 26,498.35. The S&P 500 index was up 43.30 points at 3,228.34, while the Nasdaq composite was up 194.95 points at 10,812.39.
The Canadian dollar traded for 73.75 cents US compared with 73.56 cents US on Friday.
The August crude contract was up nine cents at US$40.64 per barrel and the August natural gas contract was down a penny at US$1.79 per mmBTU.
The August gold contract was up US$8.30 at US$1,810.20 an ounce and the September copper contract was up nearly seven cents at US$2.97 a pound.
This report by The Canadian Press was first published July 13, 2020
