TORONTO — Canada’s main stock index started the trading week with a triple digit rise as the price of gold hit a record high on growing U.S.-China tensions and virus concerns.
The S&P/TSX composite index was up 108.49 points at 16,105.55.
In New York, the Dow Jones industrial average was up 133.58 points at 26,603.47. The S&P 500 index was up 19.72 points at 3,235.35, while the Nasdaq composite was up 115.20 points at 10,478.38.
The Canadian dollar traded for 74.76 cents US compared with 74.51 cents on Friday.
The September crude contract was down 61 cents at US$40.68 per barrel and the September natural gas contract was down 3.8 cents at US$1.83 per mmBTU.
The August gold contract was up US$40.20 at US$1,937.70 an ounce after reaching a high of US$1,941.90 and the September copper contract was up 1.2 cents at US$2.90 a pound.
This report by The Canadian Press was first published July 27, 2020.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press
