S&P/TSX composite up more than 400 points, U.S. stock markets also up

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S&P/TSX composite up more than 400 points, U.S. stock markets also up
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TORONTO — Strength in the technology sector helped lead a broad-based rally as Canada's main stock index was up more than 400 points in late-morning trading, while U.S. stock markets also climbed higher. The S&P/TSX composite index was up 438.

TORONTO — Strength in the technology sector helped lead a broad-based rally as Canada's main stock index was up more than 400 points in late-morning trading, while U.S. stock markets also climbed higher.In New York, the Dow Jones industrial average was up 367.84 points at 33,642.42. The S&P 500 index was up 60.55 points at 4,298.41, while the Nasdaq composite was up 178.60 points at 13,240.07.The December crude oil contract was up 53 cents at US$80.

The December gold contract was up US$4.30 at US$1,991.80 an ounce and the December copper contract was up two cents at US$3.67 a pound.The Canadian Press

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