Strength in the technology sector helped lift Canada’s main stock index higher in late-morning trading despite losses in energy stocks as the price of oil moved lower.
The S&P/TSX composite index was up 54.09 points at 20,274.10.
In New York, the Dow Jones industrial average was up 123.69 points at 34,221.79. The S&P 500 index was up 25.11 points at 4,028.69, while the Nasdaq composite was up 121.62 points at 11,296.03.
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The Canadian dollar traded for 74.74 cents US compared with 74.65 cents US on Tuesday.
The January crude oil contract was down US$3.59 at US$77.36 per barrel and the January natural gas contract was up 45 cents at US$7.86 per mmBTU.
The December gold contract was up US$3.40 at US$1,743.30 an ounce and the December copper contract was down less than a penny at $3.61 a pound.
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