On the markets at 9:50 a.m. (ET):
In Toronto, the S&P/TSX composite index was up 69.95 points to 16,615.16.
The Dow Jones industrial average was up 129.19 points to 26,912.68.
The Standard & Poor’s 500 index was up 16.26 points to 2,995.89.
The Nasdaq composite index was up 69.26 points to 8210.99.
The Canadian dollar was trading at 76.49 cents US.