Financial sector leads gains for S&P/TSX composite, U.S. stocks also climb

Financial sector leads gains for S&P/TSX composite, U.S. stocks also climb
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TORONTO — The financial sector led Canada’s main stock index higher in early trading, while U.S. stock markets also climbed.

The S&P/TSX composite index was up 149.58 points at 15,543.94.

In New York, the Dow Jones industrial average was up 175.72 points at 25,918.37. The S&P 500 index was up 19.98 points at 3,100.80, while the Nasdaq composite was up 31.84 points at 9,640.22.

The Canadian dollar traded for 73.85 cents US compared with 73.99 cents US on Tuesday.

The July crude contract was down four cents at US$36.77 per barrel and the July natural gas contract was up nearly eight cents at nearly US$1.86 per mmBTU.

The August gold contract was down US$24.30 at US$1,709.70 an ounce and the July copper contract was up less than a penny at US$2.49 a pound.

This report by The Canadian Press was first published June 3, 2020.

 

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

 

The Canadian Press

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