Toronto, U.S. stock markets up in broad based advance on easing trade fears

TORONTO _ Canada’s main stock market index closed up Monday along with U.S. markets as crude prices remained elevated and trade dispute fears eased.

The Toronto Stock Exchange’s S&P/TSX composite index closed up 102.29 points at 16,085.61, led by energy stocks.

In New York, the Dow Jones industrial average closed up 68.24 points at 24,889.41. The S&P 500 index ended up 2.41 points at 2,730.13 and the Nasdaq composite index was up 8.43 points at 7,411.32.

The Canadian dollar averaged 78.28 cents US, up 0.03 of a US cent.

The June crude contract closed up 26 cents at US$70.96 per barrel and the June natural gas contract was up three cents at US$2.84 per mmBTU.

The June gold contract closed down $2.50 at US$1,318.20 an ounce and the July copper contract ended down two cents at US$3.09 a pound.