By Ketki Saxena
Investing.com -- At 10:55 a.m in Toronto, the S&P/TSX Composite Index was at 19,061.56 points, up 1.84% in the mid-morning, tracking U.S. equities higher on dip-buying in heavily-sold growth stocks, and a rebound in energy supported by strength in crude.
Crude prices turned higher this morning, but remain set for a second consecutive week of losses, pressured by growing concerns of a global recession. Markets are now watching for the weekly U.S. crude inventory data, originally due Thursday but on hold until next week due to a technical delay.
Gold prices were little changed but also looked headed for a second consecutive week of declines.
Here’s a snapshot of markets this morning:
Indices:
Commodities:
- Crude: +3.71% at $108.14
- Brent: +3.11% at 113.42
- Gold: -0.08% at $1,828.45
- Silver: +0.34% at $23.113
- Copper: +0.41% at $3.7542
Bonds and Currencies:
- USD Index: -0.34% at 104.08
- USD/CAD: -0.58% at 1.2919
- Canada 5 year: +0.017 points at 3.205%
- Canada 10 year: +0.029 points at 3.332%
- US 10 year: +0.049 points at 3.119%
Cryptocurrencies: