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

TORONTO — Canada’s main stock index edged higher in late-morning trading, helped by strength in the energy, industrial and utility sectors, while U.S. stock markets were also up.

The S&P/TSX composite index was up 26.73 points at 18,887.68.

In New York, the Dow Jones industrial average was up 270.16 points at 31,352.72. The S&P 500 index was up 25.52 points at 3,778.27, while the Nasdaq composite was up 10.10 points at 10,869.81.

The Canadian dollar traded for 72.90 cents US compared with 72.92 cents US on Friday.

The December crude oil contract was down 41 cents at US$84.64 per barrel and the December natural gas contract was up 35 cents at US$5.82 per mmBTU.

The December gold contract was down US$3.40 at US$1,652.90 an ounce and the December copper contract was down four cents at US$3.43 a pound.

This report by The Canadian Press was first published Oct. 24, 2022.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press