TORONTO – Strength in base metal stocks helped boost Canada’s main stock index in late-morning trading, while U.S. stock markets also climbed higher as Americans headed to the polls for election day.
The S&P/TSX composite index was up 74.59 points at 24,330.65.
In New York, the Dow Jones industrial average was up 307.71 points at 42,102.31. The S&P 500 index was up 52.90 points at 5,765.59, while the Nasdaq composite was up 208.34 points at 18,388.32.
The Canadian dollar traded for 72.19 cents US compared with 71.97 cents US on Monday.
The December crude oil contract was up 99 cents at US$72.46 per barrel and the December natural gas contract was down four cents at US$2.75 per mmBTU.
The December gold contract was up US$5.30 at US$2,751.50 an ounce and the December copper contract was up five cents at US$4.48 a pound.
This report by The Canadian Press was first published Nov. 5, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
