Canada’s primary stock index experienced a gain of over 100 points during late-morning trading, primarily driven by the increase in energy stocks. Meanwhile, the U.S. stock markets exhibited mixed trends.
The S&P/TSX composite index rose 134.23 points to reach 20,361.02.
In New York, the Dow Jones Industrial Average climbed 362.97 points to 34,948.32. The S&P 500 index increased by 15.36 points to 4,538.15, while the Nasdaq composite experienced a decline of 20.41 points, settling at 14,224.54.
The Canadian dollar traded at 75.93 cents US compared to 75.83 cents US on the previous day.
The September crude oil contract saw an increase of US$1.18, reaching US$75.26 per barrel, while the August natural gas contract rose nine cents to US$2.60 per mmBTU.
The August gold contract experienced a surge of US$31.50, settling at US$1,987.90 per ounce, whereas the September copper contract declined by a penny to US$3.83 per pound.
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