S&P/TSX composite up greater than 100 factors, U.S. markets additionally rise

TORONTO — Gains within the vitality, monetary and know-how sectors helped Canada’s essential inventory index to publish a triple-digit acquire in late-morning buying and selling, whereas U.S. inventory markets additionally climbed greater.

The S&P/TSX composite index was up 101.85 factors at 20,388.05.

In New York, the Dow Jones industrial common was up 63.40 factors at 31,992.02. The S&P 500 index was up 22.90 factors at 3,964.38, whereas the Nasdaq composite was up 108.55 factors at 11,373.00.

The Canadian greenback traded for 77.91 cents US in contrast with 77.97 cents US on Tuesday.

The July crude contract was up 11 cents at US$109.88 per barrel and the July pure fuel contract was up 33 cents at US$9.16 per mmBTU.

The June gold contract was down US$17.80 at US$1,847.60 an oz. and the July copper contract was down 4 cents at US$4.27 a pound.

This report by The Canadian Press was first printed May 25, 2022.

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

The Canadian Press

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