North American stock markets up to start the trading week, loonie up

North American stock markets up to start the trading week, loonie up
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TORONTO — Canada’s main stock index posted a triple-digit advance in late-morning trading, powered by gains in the materials, industrial and financial sectors.

The S&P/TSX composite index was up 141.38 points at 15,738.13.

In New York, the Dow Jones industrial average was up 375.35 points at 26,202.71. The S&P 500 index was up 49.17 points at 3,179.18, while the Nasdaq composite was up 239.16 points at 10,446.79.

The Canadian dollar traded for 73.83 cents US compared with 73.72 cents US on Friday.

The August crude contract was up 14 cents at US$40.79 a barrel, while the August natural gas contract was up nearly seven cents at US$1.80 per mmBTU.

The August gold contract was up US$1.10 at US$1,791.10 an ounce and the September copper contract was up almost three cents at nearly US$2.78 a pound.

This report by The Canadian Press was first published July 6, 2020.

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

 

The Canadian Press


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