S&P/TSX composite gains almost 200 points, U.S. markets mixed

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TORONTO — Canada's main stock index gained almost 200 points Friday, while U.S. markets were mixed.

TORONTO — Canada's main stock index gained almost 200 points Friday, while U.S. markets were mixed.In New York, the Dow Jones industrial average was up 574.84 points at 38,686.32. The S&P 500 index was up 42.03 points at 5,277.51, while the Nasdaq composite was down 2.06 points at 16,735.02.The July crude contract was down 92 cents at US$76.99 per barrel and the July natural gas contract was up two cents at US$2.59 per 1,000 cubic feet.The August gold contract was down US$20.

A second shareholder advisory firm has come out against reinstating a pay package for Tesla CEO Elon Musk that was voided earlier this year by a Delaware judge. ISS late Thursday joined Glass Lewis in recommending against the package, recently valued by the company at $44.9 billion but in January had a value of about $56 billion. Shareholders of the electric vehicle and solar panel company are voting on the package, with the results to be tabulated at Tesla's June 13 annual meeting.

The board of The Bank of Nova Scotia has announced that it will pay a dividend on the 29th of July, with...

 

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S&P/TSX composite up more than 200 points in broad-based rally, U.S. stocks also riseTORONTO — Canada's main stock index was up more than 200 points in late-morning trading as higher commodity prices helped boost energy and base metal stocks ...
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