Technology and base metal stocks help lift S&P/TSX composite, U.S. markets also up |

Strength in the technology and base metals sectors helped Canada’s main stock index gain more than 100 points in late morning trade, while the U.S. Share Market The last day of the trading week was also higher.

s & P/tsx The Composite Index was up 117.83 points at 19,891.91.

The Dow Jones Industrial Average in New York was up 248.37 points at 33,013.02. The S&P 500 index was up 39.50 points at 4,190.78, while the Nasdaq Composite was up 206.48 points at 12,904.57.

The Canadian dollar traded for 73.36 cents US compared to 73.38 cents US on Thursday.

The July crude contract was up 62 cents at US$72.45 a barrel and the July natural gas contract was down nine cents at US$2.39 per mmBtu.

The June gold contract was down US$2.30 at US$1,941.40 an ounce and the July copper contract was up eight cents at US$3.67 a pound.

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This report by The Canadian Press was first published on May 26, 2023.

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