S&P/TSX composite up more than 100 points, U.S. stock markets also higher

TORONTO — A broad-based rally helped Canada's main stock index gain more than 100 points in late-morning trading, while U.S. stock markets also climbed higher.In New York, the Dow Jones industrial average was up 121.51 points at 39,186.77. The S&P 500 index was up 40.06 points at 5,307.90, while the Nasdaq composite was up 187.96 points at 16,923.99.The July crude oil contract was up 48 cents at US$77.35 per barrel and the July natural gas contract was down seven cents at US$2.

PDD Holdings, the owner of Temu and Pinduoduo, is blowing past market expectations with a massive surge in profit and revenue as American and Chinese consumers swarm its bargain shopping apps for low-cost products.This gold stock has risen higher on the back of gold prices, sure, but there's even more driving shares this month. The post Why Shares in This Leading Mining Stock Soared 21% in May appeared first on The Motley Fool Canada.

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S&P/TSX composite up almost 100 points, U.S. stock markets climb ahead of jobs reportTORONTO — Canada's main stock index gained almost 100 points Thursday, helped by gains in industrial and utilities stocks,while U.S. stock markets also rose.
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