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S&P/TSX composite up in Friday morning trading, U.S. stock markets also higher

Broad-based gains led Canada’s main stock index higher in late-morning trading on Friday, while U.S. stock markets also rose.

The S&P/TSX composite index was up 81.89 points at 20,953,24.

In New York, the Dow Jones industrial average was up 61.34 points at 37,501.68. The S&P 500 index was up 23.43 points at 4,712.11, while the Nasdaq composite was up 74.98 points at 14,585.28.

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The Canadian dollar traded for 75.03 cents US compared with 74.88 cents US on Thursday.

The February crude oil contract was up US$1.83 at US$74.02 per barrel and the February natural gas contract was down eight cents at US$2.74 per mmBTU.

The February gold contract was up US$12.60 at US$2,062.60 an ounce and the March copper contract was down less than a penny at US$3.84 a pound.

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