S&Amp;P/TSX Composite Index up in Late-morning Trading, While U.S. Stocks Also Rise

TORONTO — Canada’s main stock index was up in late-morning trading as the health-care sector, which includes big names in the cannabis sector, and real estate trusts moved higher.

The S&P/TSX composite index was up 17.64 points at 15,871.71.

In New York, the Dow Jones industrial average was up 301.70 at 27,412.68. The S&P 500 index was up 17.36 points at 3,211.29, while the Nasdaq composite was up 28.38 points at 9,842.46.

The Canadian dollar traded for 74.75 cents US compared with 74.47 cents US on Friday.

The July crude contract was down US$1.44 at US$38.11 per barrel and the July natural gas contract was down nearly a penny US$1.78 per mmBTU.

The August gold contract was up US$13.50 at US$1,696.50 an ounce and the July copper contract was down less than a penny at US$2.55 a pound.

This report by The Canadian Press was first published on June 8, 2020.

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

The Canadian Press