Canada's main stock index up in late-morning trading as oil rises

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Gains by the energy and base metal stocks helped lift Canada's main stock index higher in late-morning trading as commodity prices rose and U.S. stock markets put in a mixed showing.

In New York, the Dow Jones industrial average was down 50.24 points at 33,872.02. The S&P 500 index was up 0.88 of a point at 4,412.47, while the Nasdaq composite was up 33.24 points at 13,712.28.The August crude oil contract was up US$1.14 at US$72.94 per barrel and the August natural gas contract was up four cents at US$2.65 per mmBTU.

The August gold contract was up US$22.30 at US$1,937.70 an ounce and the September copper contract was up five cents at US$3.78 a pound.

 

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