S&P/TSX composite up more than 100 points, U.S. stock markets also higher | Globalnews.ca

Canada’s main stock index was up more than 100 points in late-morning trading as gains in base metal stocks helped lead the way and U.S. stock markets also climbed higher.

The S&P/TSX composite index was up 132.66 points at 19,704.90.

In New York, the Dow Jones industrial average was up 80.62 points at 32,988.89. The S&P 500 index was up 23.64 points at 4,203.47, while the Nasdaq composite was up 86.54 points at 13,021.83.

The Canadian dollar traded for 74.18 cents US compared with 73.51 cents US on Wednesday.

The July crude contract was up US$1.83 cents at US$69.92 per barrel and the July natural gas contract was down 12 cents at US$2.15 per mmBTU.

The August gold contract was up US$12.50 at US$1,994.60 an ounce and the July copper contract was up six cents at US$3.70 a pound.