The S&P/TSX composite is above 100 points, as are US stock markets

TORONTO – Canada's main stock index rose more than 100 points in morning trade, helped by gains in base metals and energy stocks, while U.S. stock markets also edged higher.

The S&P/TSX composite added 121.13 points to 21,130.73.

In New York, the Dow Jones industrial average rose 135.28 points to 38,806.97. The S&P 500 rose 10.84 points to 5,037.45, and the Nasdaq Composite gained 50.88 points to 16,041.54.

The Canadian dollar traded at 74.39 cents, compared with 74.31 US cents on Friday.

The March oil contract was down 12 cents at $76.72 a barrel, while the March natural gas contract was down two cents at $1.82 per mmBTU.

The April gold contract was down $12.80 at $2,025.90 an ounce, while the March copper contract was up two cents at $3.70 a pound.

This report by The Canadian Press was first published on February 12, 2024.

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

Canadian Press