The U.S. flag flies over the side entrance to the New York Stock Exchange in New York Tuesday, July 18, 2023. Stocks of several financial titans are leading Wall Street higher Tuesday following some mixed reports on the economy. THE CANADIAN PRESS/AP-J. David Ake
TORONTO – Strength in the industry, telecommunications and energy stocks helped Canada’s main stock index gain more than 100 points in late-morning trading, while U.S. stock markets also posted gains.
The S&P/TSX composite index was up 105.40 points at 20,542.27.
In New York, the Dow Jones industrial average was up 79.10 points at 35,304.28. The S&P 500 index was up 15.24 points at 4,550.11, while the Nasdaq composite was up 32.78 points at 14,096.09.
The Canadian dollar traded for 75.66 cents US compared with 75.92 cents US on Thursday.
The September crude oil contract was up 71 cents at US$76.36 per barrel and the August natural gas contract was down three cents at US$2.72 per mmBTU.
The August gold contract was down US$9.80 at US$1,961.10 an ounce and the September copper contract was down two cents at US$3.82 a pound.
This report by The Canadian Press was first published July 21, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
