S&P/TSX composite up in late-morning trading, U.S. stock markets also rise

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S&P/TSX composite up in late-morning trading, U.S. stock markets also rise
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TORONTO — Utility and telecommunications stocks helped lift Canada's main stock index in late-morning trading, while U.S. stock markets also moved higher. The S&P/TSX composite index was up 20.67 points at 19,136.31.

TORONTO — Utility and telecommunications stocks helped lift Canada's main stock index in late-morning trading, while U.S. stock markets also moved higher.In New York, the Dow Jones industrial average was up 38.15 points at 33,165.43. The S&P 500 index was up 11.79 points at 4,235.95, while the Nasdaq composite was up 65.51 points at 13,049.32.The December crude contract was down 66 cents at US$87.42 per barrel and the December natural gas contract was up two cents at US$3.28 per mmBTU.

The December gold contract was down US$5.30 at US$1,989.10 an ounce and the December copper contract was up a penny at US$3.57 a pound.The Canadian Press

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