North American stock markets up to start the week, loonie edges higher

TORONTO — The industrials sector helped lift Canada's main stock index to a triple-digit advance in late-morning trading, while U.S. stock markets also pushed higher.

The S&P/TSX composite index was up 129.60 points at 16,352.06.

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In New York, the Dow Jones industrial average was up 330.48 points at 27,996.12. The S&P 500 index was up 52.69 points at 3,393.66, while the Nasdaq composite was up 240.01 points at 11,093.56.

The Canadian dollar traded for 75.90 cents US compared with 75.84 cents US on Friday.

The October crude contract was up a penny at US$37.34 per barrel and the October natural gas contract was up eight cents at US$2.35 per mmBTU.

The December gold contract was up US$21.40 at US$1,969.30 an ounce and the December copper contract was up four cents at US$3.08 a pound.

This report by The Canadian Press was first published Sept. 14, 2020.

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

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