S&P/TSX composite up more than 100 points, U.S. stock markets also higher
Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in the base metal sector, while U.S. stock markets also climbed higher.
The S&P/TSX composite index was up 101.49 points at 22,213.95.
In New York, the Dow Jones industrial average was up 148.65 points at 39,275.79. The S&P 500 index was up 31.13 points at 5,242.62, while the Nasdaq composite was up 126.52 points at 16,403.98.
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The Canadian dollar traded for 74.11 cents US compared with 73.87 cents US on Wednesday.
The May crude oil contract was down 25 cents at US$85.18 per barrel and the May natural gas contract was down four cents at US$1.80 per mmBTU.
The June gold contract was down US$1.50 at US$2,313.50 an ounce and the May copper contract was up five cents at US$4.24 a pound.
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