S&P/TSX composite up nearly 200 points, U.S. stock markets also higher

TORONTO — Strength in the base metal and technology stocks helped lead a broad-based rally as Canada's main stock index rose nearly 200 points in late-morning trading, while U.S. stock markets also climbed higher.

In New York, the Dow Jones industrial average was up 392.41 points at 34,062.70. The S&P 500 index was up 48.95 points at 4,376.73, while the Nasdaq composite was up 147.25 points at 13,554.48.The November crude contract was down 64 cents at US$87.05 per barrel and the November natural gas contract was down 16 cents at US$3.08 per mmBTU.

The December gold contract was down US$8.50 at US$1,933 an ounce and the December copper contract was up a penny at US$3.58 a pound.The Canadian Press

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