TORONTO – Gains in the energy and base metal sectors helped Canada’s main stock index climb more than 200 points in late-morning trading as the price of oil rose back to over US$100 a barrel.
The S&P/TSX composite index was up 214.53 points at 20,104.59.
In New York, the Dow Jones industrial average was up 212.36 points at 32,373.10. The S&P 500 index was up 10.04 points at 4,011.09, while the Nasdaq composite was down 73.26 points at 11,664.41.
The Canadian dollar traded for 77.22 cents US compared with 76.85 cents US on Tuesday.
The June crude contract was up US$4.84 at US$104.60 per barrel and the June natural gas contract was up 20 cents at US$7.58 per mmBTU.
The June gold contract was up US$6.60 at US$1,847.60 an ounce and the July copper contract was up seven cents at US$4.22 a pound.
This report by The Canadian Press was first published May 11, 2022.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
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