MONEY IN BRIEF

Currencies

These are indicative wholesale rates for foreign currency provided by the Bank of Canada on Tuesday. Quotations in Canadian funds.

Financial highlights

Highlights at the close Tuesday at world financial market trading. Stocks:

S&P/TSX Composite Index – 15,262.14, up 34.44 points Dow – 24,408.00, up 428.90 points

S&P 500 – 2,656.87, up 43.71 points

Nasdaq – 7,094.30, up 143.96 points

Currencies:

Cdn – 79.25 cents US, up 0.69 of a cent

Pound – C$1.7880, down 1.13 cents

Euro – C$1.5586, down 0.92 of a cent

Euro – US$1.2352, up 0.35 of a cent

Oil futures:

US$65.51, up $2.09

(May contract)

Gold futures:

US$1,345.90 per oz., up $5.80 (June contract)

Canadian Fine Silver Handy and Harman:

$21.839 oz., up half-a-cent $702.12 kg., up 16 cents

The markets today

TORONTO (CP) — A rising price for oil helped boost the energy sector and lift Canada’s main stock index higher in late-morning trading, while U.S. markets surged after Chinese President Xi Jinping offered possible concessions in a trade dispute with the U.S.

The S&P/TSX composite index was up 71.26 points to 15,298.96, after 90 minutes of trading. In New York, the Dow Jones industrial average was up 484.87 points to 24,463.97. The S&P 500 index was up 45.09 points to 2,658.25 and the Nasdaq composite index was up 123.41 points to 7,073.75.

The Canadian dollar was trading at 79.20 cents US, up from an average price of 78.56 cents US on Monday.

The May crude contract was up US$1.60 to US$65.02 per barrel and the May natural gas contract was down three cents to US$2.66 per mmBTU.

The June gold contract was up US$2.80 to US$1,342.90 an ounce and the May copper contract was up five cents to US$3.13 a pound.