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

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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.

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.

The August gold contract traded for US$2,377.60 an ounce, up US$30.70, while the July copper contract was up eight cents at US$4.57 a pound.The Canadian Press

 

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