S&P/TSX composite up, while U.S. stock markets also rise; oil prices up

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 99%

Canada Headlines News

Canada Latest News,Canada Headlines

Gains in the energy, financial and industrial sectors led Canada's main stock index higher in late-morning trading, while the price of oil also moved up.

In New York, the Dow Jones industrial average was up 320.06 points at 23,984.70. The S&P 500 index was up 40.80 points at 2,889.22, while the Nasdaq composite was up 115.85 points at 8,970.24.

The Canadian dollar traded for 71.31 cents US compared with an average of 70.80 cents US on Wednesday. The July crude contract was up US$1.24 at US$26.86 per barrel and the June natural gas contract was down a penny at US$1.93 per mmBTU. The June gold contract was up US$11.10 at US$1,699.60 an ounce and the July copper contract was up two cents at US$2.37 a pound.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canadian dollar weakens as oil stumbles, greenback gainsCanadian dollar weakens as oil stumbles, greenback gains GlobeInvestor globeinvestor AAA rating going fast globeinvestor The Canadian dollar weakens....maybe due to the massive flood of currency into our monetary system. Watering down the money supply globeinvestor .... and getting weaker
Source: globeandmail - 🏆 5. / 92 Read more »

Young TFC winger stays busy walking the dog, upping his kitchen skillsYoung TFC winger stays busy walking the dog, upping his kitchen skills Globe_Sports
Source: globeandmail - 🏆 5. / 92 Read more »

Shopify Passes RBC To Become Canada’s Most Valuable CompanyThe company has rolled out new features such as an app and curbside pickup
Source: HuffPostCanada - 🏆 61. / 53 Read more »

‘Buy energy’: BMO’s Brian Belski bets on big market rally in CanadaBMO Capital Markets’ Brian Belski talks about the state of the Canadian stock market and energy markets amid COVID-19 $500 says this tweet won't age well ;) Buy energy? But Dizzy Lizzy just said oil is dead? Dizzy Lizzy can't be wrong... Can she? Good analysis. Solid. Caveat: To achieve same, complete realignment of Canadian federation needed, divided into 5 regions with trade agreements between provinces. Feds shunted to side. Provinces make own supplemental arrangements via USMCA. Alberta, e.g with US energy corridor.
Source: nationalpost - 🏆 10. / 80 Read more »

Oil rises above $31 as lockdown easings counter supply glutBrent was up 79 cents, or 2.6 per cent, at $31.76 a barrel at 0930 GMT, having risen in the past six sessions
Source: globeandmail - 🏆 5. / 92 Read more »

U.S. coronavirus infection rate rising outside New York as states open upNew confirmed infections per day in the U.S. exceed 20,000, and deaths per day are well over 1,000, according to figures from Johns Hopkins University and Canada and Mexico will have to keep the gates closed until they come to their senses and act like they want to get a handle on this virus My advice is to stay indoor until we get ride of this virus This virus will be with us for years to come.
Source: globeandmail - 🏆 5. / 92 Read more »