November 25th, 2024

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

By The Canadian Press on November 7, 2022.

Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Nov. 2, 2022. THE CANADIAN PRESS/AP-Seth Wenig

TORONTO – Canada’s main stock index was up in late-morning trading, helped by gains in the energy and technology sectors, while U.S. stock markets also climbed higher.

The S&P/TSX composite index was up 86.93 points at 19,536.74.

In New York, the Dow Jones industrial average was up 213.94 points at 32,617.16. The S&P 500 index was up 14.06 points at 3,784.61, while the Nasdaq composite was up 22.18 points at 10,497.43.

The Canadian dollar traded for 74.13 cents US compared with 73.98 cents US on Friday.

The December crude contract was up 87 cents at US$93.48 per barrel and the December natural gas contract was up 79 cents at US$7.19 per mmBTU.

The December gold contract was up US$3.90 at US$1,680.50 an ounce and the December copper contract was down nine cents at US$3.59 a pound.

This report by The Canadian Press was first published Nov. 7, 2022.

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

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