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S&P/TSX composite up 150 points, U.S. stock markets also rise

Gains in financial and base metals stocks helped lift Canada’s main stock index by more than 100 points in late-morning trading, while U.S. stock markets also rose.

The S&P/TSX composite index was up 150.50 points at 20,916.23.

In New York, the Dow Jones industrial average was up 35.58 points at 37,439.93. The S&P 500 index was up 15.46 points at 4,762.21, while the Nasdaq composite was up 44.85 points at 15,008.71.

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The Canadian dollar traded for 75.36 cents US compared with 75.13 cents US on Thursday.

The February crude oil contract was down 27 cents at US$73.62 per barrel and the February natural gas contract was down two cents at US$2.44 per mmBTU.

The February gold contract was up US$21.70 at US$2,073 an ounce and the March copper contract was down a penny at US$3.91 a pound.

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