Tech, energy and industrials help lead S&P/TSX composite up in late-morning trading

An index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, November 11, 2022. THE CANADIAN PRESS/ Tijana Martin

Gains in the technology, energy and industrial sectors helped lead Canada’s main stock index higher in late-morning trading.

The S&P/TSX composite index was up 69.77 points at 20,429.87.

U.S. stock markets are closed for the Martin Luther King Jr. Day holiday.

Read more: Bank of Canada surveys show how Canadians are gearing up for a possible recession

The Canadian dollar traded for 74.66 cents US compared with 74.59 cents US on Friday.

The February crude oil contract was down US$1.08 at US$78.78 per barrel and the February natural gas contract was up 22 cents at US$3.64 per mmBTU.

The February gold contract was down US$2.80 at US$1,918.90 an ounce and the March copper contract was down six cents at US$4.16 a pound.

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