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S&P/TSX composite up more than 100 points, U.S. stock markets also higher

Canadian Press

A currency trader passes by screens showing the Korea Composite Stock Price Index (KOSPI), left, and the exchange rate of South Korean won against the U.S. dollar at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Sept. 27, 2022. Stocks were mixed in Asia on Tuesday after closing broadly lower on Wall Street, where the Dow Jones Industrial Average fell into what’s known as a bear market. (AP Photo/Ahn Young-joon)

TORONTO — Canada’s main stock index was up more than 100 points in late-morning trading as gains in the energy, base metal and technology sectors helped lift it higher, while U.S. stock markets also climbed higher.

The S&P/TSX composite index was up 132.38 points at 18,459.42.

In New York, the Dow Jones industrial average was up 71.05 points at 29,331.86. The S&P 500 index was up 21.03 points at 3,676.07, while the Nasdaq composite was up 110.10 points at 10,913.02.

The Canadian dollar traded for 72.82 cents US compared with 72.91 cents US on Monday.

The November crude contract was up US$2.33 at US$79.04 per barrel and the November natural gas contract was down 16 cents at US$6.86 per mmBTU.

The December gold contract was up US$10.30 at US$1,643.70 an ounce and the December copper contract was up two cents at US$3.32 a pound.

This report by The Canadian Press was first published Sept. 27, 2022.

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

The Canadian Press

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