Markets, Oil, loonie up

A broad-based rally led by the financials sector helped lift Canada’s main stock index higher in late-morning trading while U-S markets also climbed higher.

The S&P/TSX composite index was up 71.77 points at 16,159.32.

In New York, the Dow Jones industrial average was up 92.49 points at 25,802.43.

The S&P 500 index was up 12.31 points at 2,820.79, while the Nasdaq composite was up 64.48 points at 7,695.39.

The Canadian dollar traded for 74.92 cents U-S compared with an average of 75.04 cents on Thursday.

The April crude contract was down 25 cents at US$58.36 per barrel

Gas prices range from .95 to $1.19 a litre as of 4:00 this morning.


Posted in News & Sports

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