S&P/TSX composite up Monday morning, U.S. stock markets also climb higher

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S&P/TSX composite up Monday morning, U.S. stock markets also climb higher
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TORONTO — Gains in energy and technology stocks led Canada's main stock index higher in late-morning trading on Monday, while U.S. stock markets also rose.

TORONTO — Gains in energy and technology stocks led Canada's main stock index higher in late-morning trading on Monday, while U.S. stock markets also rose.In New York, the Dow Jones industrial average was up 316.18 points at 40,317.08. The S&P 500 index was up 47.93 points at 5,663.28, while the Nasdaq composite was up 220.14 points at 18,618.59.The August crude oil contract was down 33 cents at US$81.88 per barrel and the August natural gas contract was down nine cents at US$2.

Most people want to get rich, and many know investing is the best way to build wealth. However, many people don't know how to pick out the right assets and investments to get them where they want to... Cathie Wood's investment fund, Ark Invest sold at least $4.5 million worth of Nvidia stock this year, per The Wall Street Journal. -Cleveland-Cliffs will buy Canadian steelmaker Stelco Holdings for C$3.85 billion , it said on Monday, marking its first acquisition since a failed bid for rival U.S. Steel last year. North American steel producers have been consolidating to reduce production costs in the face of cheap imports from China that have weighed on the industry.

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