The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, November 11, 2022. THE CANADIAN PRESS/ Tijana Martin
TORONTO – Strength in the base metal and energy sectors helped lead Canada’s main stock index higher Monday ahead of Tuesday’s inflation data release, while U.S. markets also ticked upwards.
The S&P/TSX composite index was up 120.35 points at 20,539.97.
In New York, the Dow Jones industrial average was up 47.98 points at 33,348.60.The S&P 500 index was up 12.20 points at 4,136.28, while the Nasdaq composite was up 80.47 points at 12,365.21.
The Canadian dollar traded for 74.15 cents US compared with 73.89 cents US on Friday.
The June crude contract was up US$1.07 at US$71.11 per barreland the June natural gas contract was up 11 cents at US$2.38 per mmBTU.
The June gold contract was up US$2.90 at US$2,022.70 an ounce and the July copper contract was up two cents at US$3.75 a pound.
This report by The Canadian Press was first published May 15, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
