Strength in the energy sector helped Canada’s main stock index post a triple-digit increase in late-morning trading as the price of oil moved higher. The S&P/TSX composite index was up 104.96 points to 15,834.36, after 90 minutes of trading. The S&P 500 index was up 14.11 points to 2,677.53 and the Nasdaq composite index was up 61.15 points to 7,270.77. The Canadian dollar was trading at 77.76 cents U.S., up from an average value of 77.75 cents U.S. on Friday. The June crude contract was up 77 cents to $70.49 (U.S.) per barrel and the June natural gas contract was up five cents to $2.76 per mmBTU.

Source: thestar May 07, 2018 15:22 UTC