TORONTO — Canada’s main stock index was up more than 200 points in late-morning trading amid a broad-based rally on the Toronto market, while U.S. stock markets also climbed higher.

The S&P/TSX composite index was up 214.57 points at 22,996.00.

In New York, the Dow Jones industrial average was up 376.70 points at 40,722.11. The S&P 500 index was up 34.87 points at 5,443.29, while the Nasdaq composite was up 74.18 points at 16,765.01.

The Canadian dollar traded for 73.70 cents US compared with 73.83 cents US on Friday.

The October crude oil contract was up 85 cents at US$68.52 per barrel and the October natural gas contract was down 10 cents at US$2.18 per mmBTU.

The December gold contract was up US$1.40 at US$2,526.00 an ounce and the December copper contract was up four cents at US$4.11 a pound.

This report by The Canadian Press was first published Sept. 9, 2024.

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

The Canadian Press