S&P/TSX composite index up in late-morning trading, U.S. markets flat

Canada's primary stock index, the S&P/TSX composite, saw an increase in early trading due to gains in energy stocks, while U.S. markets remained unchanged. The index rose 62 points to 36,443.23. Conversely, the Dow Jones industrial average in New York declined by 0.46 points to 54,036.47. The S&P 500 index increased by 5.38 points to 7,763.02, and the Nasdaq composite fell by 54 points to 26,636.61.

The Canadian dollar was valued at 71.77 cents US against the US dollar, up from 71.72 cents US on the previous Friday. Crude oil prices for September contracts rose by US$2.69 to US$80.87 per barrel, and December gold contracts increased by US$6.40 to US$4,406.10 per ounce.