Canadas main stock index US markets up sharply loonie also higher

TORONTO — Canada’s main stock index was up sharply as most sectors advanced, led by resource stocks.The S&P/TSX composite index was up 109.80 points at 16,375.02. Some of the lift came from energy-related stocks including Suncor and Enbridge, along with e-commerce company Shopify Inc. and auto parts maker Magna.In New York, the Dow Jones industrial average was up 220.01 points at 26,227.08. The S&P 500 index was ahead 35.63 points at 2,919.61, while the Nasdaq composite was up 112.12 points at 7,984.95.The Canadian dollar traded at 75.37 cents US, up compared with Wednesday’s average of 75.06 cents per share.The September crude contract was up $1.85 at US$52.94 per barrel and the September natural gas contract was up 6.2 cents at US$2.15 per mmBTU.The December gold contract was down $10.60 at US$1509.00 an ounce and the September copper contract was up 3.9 cents at US$2.61 a pound. Index and currency in this story: (TSX:GSPTSE, TSX:CADUSD, TSX:SU, TSX:ENB, TSX:SHOP, TSX:MG)The Canadian Press


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