S&P/TSX composite up in Friday morning trading, U.S. stock markets also higher

Broad based gains led Canada’s main stock index higher in late morning trading on Friday, while U.S. stock markets also rose. The S&P/TSX composite index was up 81.89 points at 20,953,24. In New York, the Dow Jones industrial average was up 61.34 points at 37,501.68. The S&P 500 index was up 23.43 points at 4,712.11, while the Nasdaq composite was up 74.98 points at 14,585.28.

Get the latest National news. Sent to your email, every day. The Canadian dollar traded for 75.03 cents US compared with 74.88 cents US on Thursday. Trending Now No snow winter? What Canadians should expect for the rest of the season Olympic cyclist dies after being hit by car, husband charged: reports The February crude oil contract was up US$1.83 at US$74.02 per barrel and the February natural gas contract was down eight cents at US$2.74 per mmBTU.

The February gold contract was up US$12.60 at US$2,062.60 an ounce and the March copper contract was down less than a penny at US$3.84 a pound. Advertisement More on Toronto Vehicle crashes into pole, knocking out lights at Toronto intersection ‘It’s fully in a living space’: Tesla crashes into Toronto townhouse 1st degree murder charge laid after infant found unresponsive in Vaughan home Pedestrian seriously injured after being hit by vehicle in Toronto.