North American stocks climb as China-U.S. trade war worries ease, loonie higher

The Canadian Press</span>
Published Thursday, April 5, 2018 1:23AM EDT
Last Updated Thursday, April 5, 2018 11:49AM EDT

TORONTO -- Strength in the energy sector helped Canada's main stock index post a triple-digit increase in late-morning trading as worries about a trade war between China and the United States eased.

The S&P/TSX composite index was up 150.67 points to 15,315.04, after 90 minutes of trading.

In New York, the Dow Jones industrial average was up 230.44 points to 23,494.74. The S&P 500 index was up 14.59 points to 2,659.28 and the Nasdaq composite index was up 42.76 points to 7,084.87.

The Canadian dollar was trading at 78.18 cents US, up from an average price of 78.07 cents US on Wednesday.

The May crude contract was down five cents to US$63.32 per barrel and the May natural gas contract was down five cents to US$2.66 per mmBTU.

The June gold contract was down US$12.80 to US$1,327.40 an ounce and the May copper contract was up five cents to US$3.06 a pound.

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