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



Canada’s fundamental stock index edged increased in late-morning buying and selling, helped by energy in the power, industrial and utility sectors, whereas U.S. stock markets had been also up.

The S&P/TSX composite index was up 26.73 factors at 18,887.68.

In New York, the Dow Jones industrial common was up 270.16 factors at 31,352.72. The S&P 500 index was up 25.52 factors at 3,778.27, whereas the Nasdaq composite was up 10.10 factors at 10,869.81.

The Canadian greenback traded for 72.90 cents US in contrast with 72.92 cents US on Friday.

The December crude oil contract was down 41 cents at US$84.64 per barrel and the December pure gasoline contract was up 35 cents at US$5.82 per mmBTU.

The December gold contract was down US$3.40 at US$1,652.90 an oz and the December copper contract was down 4 cents at US$3.43 a pound.

This report by The Canadian Press was first revealed Oct. 24, 2022


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