S&P/TSX composite climbs as energy and materials gain, U.S. markets also up

The S&P/TSX composite index was up 182.69 points at 20,159.82, boosted also by the materials sector.

Canada’s main stock index was up close to 200 points in late-morning trading as energy stocks climbed along with the price of oil, while U.S. stocks were also up.

The S&P/TSX composite index was up 182.69 points at 20,159.82, boosted also by the materials sector.

In New York, the Dow Jones industrial average was up 281 points at 33,981.28. The S&P 500 index was up 28.75 points, while the Nasdaq composite was up 49.60 at 11,074.11.

The Canadian dollar traded for 74.54 cents US compared with 74.34 cents US on Monday.

The January crude oil contract was up US$1.63 at US$81.67 and the January natural gas contract was up 16 cents at US$7.38 per mmBTU.

The December gold contract was up US$2.40 at $1,742 an ounce, and the December copper contract was up six cents at US$3.63 a pound.