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TORONTO – Gains in the energy and base metal sectors helped lift Canada’s main stock index higher in late-morning trading as the price of oil climbed higher and U.S. stock markets put in a mixed showing. The S&P/TSX composite index was up 48.23 points at 20,023.15. In New York, the Dow Jones industrial average was down 100.23 points at 32,963.38. The S&P 500 index was up 1.86 points at 4,139.85, while the Nasdaq composite was up 32.16 points at 12,413.73. The Canadian dollar traded for 77.30 cents US compared with 76.72 cents US on Monday. The October crude contract was up US$3.46 at US$93.82 per barrel and the September natural gas contract was up 14 cents at US$9.82 per mmBTU. The December gold contract was up US$16.10 at US$1,764.50 an ounce and the September copper contract was up four cents at US$3.70 a pound. This report by The Canadian Press was first published Aug. 23, 2022
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