North American stock markets higher at late-morning, loonie tops 75 cents US

TORONTO — Canada’s main stock index edged higher in late-morning trading, boosted by gains in the energy sector as the price of oil moved higher and the health-care sector which includes the big marijuana stocks.

The S&P/TSX composite index was up 6.52 points at 14,433.14.

In New York, the Dow Jones industrial average was up 77.96 points at 23,511.12. The S&P 500 index was up 14.89 points at 2,546.83, while the Nasdaq composite was up 61.02 points at 6,799.88.

The Canadian dollar traded for 75.14 cents US compared with an average of 74.57 cents US on Friday.

The February crude contract was up US$1.68 at US$49.64 per barrel and the February natural gas contract was down eight cents at US$2.96 per mmBTU.

The February gold contract was up US$4.80 at US$1,290.60 an ounce and the March copper contract was up 0.50 of a cent at US$2.65 a pound.

Index and currency in this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press

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