
Broad-based strength helps S&P/TSX composite gain more than 200 points
Broad-based strength helped Canada’s main stock index gain more than 200 points in late-morning trading, while U.S. markets also rallied.
The S&P/TSX composite index was up 222.85 points at 23,810.65.
In New York, the Dow Jones industrial average was up 291.83 points at 40,504.54. The S&P 500 index was up 52.63 points at 5,415.99, while the Nasdaq composite was up 182.12 points at 16,906.58.
The Canadian dollar traded for 72.02 cents US compared with 71.99 cents US on Friday.