S&P/TSX composite up more than 200 points, U.S. stock markets also rally

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S&P/TSX composite up more than 200 points, U.S. stock markets also rally
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TORONTO — Canada's main stock index was up more than 200 points as strength in base metal stocks helped lead in a broad-based rally and the price of oil reached US$90 per barrel, while U.S. stock markets also pushed higher.

In New York, the Dow Jones industrial average was up 230.03 points at 34,805.56. The S&P 500 index was up 31.12 points at 4,498.56, while the Nasdaq composite was up 109.64 points at 13,923.23.The October crude contract was up US$1.60 at US$90.12 per barrel. The October natural gas contract was up four cents at US$2.72 per mmBTU.

The December gold contract was down US$2.30 at US$1,930.20 an ounce and the December copper contract was up three cents at US$3.82 a pound.The Canadian Press

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