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S&P/TSX composite up nearly 200 points, U.S. stock markets also rise

Markets up triple digits

Canada's main stock index posted a triple-digit advance in a broad-based rally, while U.S. stock markets also moved higher in late-morning trading.

The S&P/TSX composite index was up 196.48 points at 20,580.23.

In New York, the Dow Jones industrial average was up 499.45 points at 32,619.73. The S&P 500 index was up 72.25 points at 4,050.98, while the Nasdaq composite was up 256.71 points at 11,691.45.

The Canadian dollar traded for 78.18 cents US compared with 77.90 cents US on Wednesday.

The July crude contract was up US$3.88 at US$114.21 per barrel and the July natural gas contract was up 26 cents at US$9.25 per mmBTU.

The June gold contract was down US$3.60 at US$1,842.70 an ounce and the July copper contract was little changed at US$4.26 a pound.



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