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North American stock markets push higher in late-morning trading

The TMX Group logo, home of the TSX, is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim

TORONTO — The financial and materials sectors helped Canada’s main stock index move up in late-morning trading, while U.S. stock markets also gained ground.

The S&P/TSX composite index was up 39.16 points at 16,650.30.

In New York, the Dow Jones industrial average was up 53.16 points at 27,190.20. The S&P 500 index was up 9.48 points at 3,010.41, while the Nasdaq composite was up 38.97 points at 8,208.65.

The Canadian dollar traded for 75.74 cents US compared with an average of 75.87 cents US on Wednesday.

The October crude contract was down US$1.46 at US$54.29 per barrel and the October natural gas contract was up 1.6 cents at US$2.568 per mmBTU.

The December gold contract was up US$18.70 at US$1,521.90 an ounce and the December copper contract was up 0.55 of a cent at US$2.6200 a pound.

 

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

 

The Canadian Press

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