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

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The Canadian Press

TORONTO — Strength in energy stocks helped by a rise in the price of oil as well as gains in the base metals sector helped Canada's main stock index climb in...

TORONTO — Strength in energy stocks helped by a rise in the price of oil as well as gains in the base metals sector helped Canada's main stock index climb in late-morning trading, while U.S. stock markets also rose.In New York, where markets were closed on Wednesday for the Juneteenth holiday, the Dow Jones industrial average was up 79.57 points at 38,914.43. The S&P 500 index was up 5.83 points at 5,492.86, while the Nasdaq composite was up 9.49 points at 17,871.72.

Bill Gates' former assistant is worth $154 billion — and could soon be richer than the Microsoft cofounder The Toronto Stock Exchange's S&P/TSX composite index ended down 94.4 points, or 0.4%, at 21,516.90 in lower than usual volumes, with U.S. markets closed for the Juneteenth holiday. It was the lowest closing level for the TSX since Feb. 29. Historical seasonal patterns show the TSX is weak in the month of June, said Sid Mokhtari, chief market technician for CIBC Capital Markets.MONTREAL — Nuvei Corp.

 

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