The S&P/TSX composite climbed 534.73 points to 36,323.82 in late-morning trading as U.S. stock indexes rose.
The Story
Canada’s main stock index rose more than 500 points in late-morning trading as strength in base metals, financials and industrials supported the market.
The S&P/TSX composite index was up 534.73 points at 36,323.82.
In the United States, the Dow Jones industrial average rose 894.98 points to 52,180.71.
The S&P 500 index was up 147.35 points at 7,524.21, while the Nasdaq composite gained 544.29 points to 25,123.71.
The Canadian dollar traded at 70.79 cents US, compared with 70.86 cents US on Friday.
In commodities, the December crude oil contract fell US$2.75 to US$88.08 per barrel.
December gold rose US$60.30 to US$4,135.20 an ounce.
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