S&P/TSX composite up more than 200 points in broad-based rally, U.S. stocks also rise

TORONTO — 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 in a broad-based rally across the Toronto market.In New York, the Dow Jones industrial average was up 51.62 points at 38,727.30. The S&P 500 index was up 29.65 points at 5,157.44, while the Nasdaq composite was up 108.72 points at 16,265.05.The June crude contract was up 49 cents at US$78.

I Manage Money For Millionaires: 3 Things Wealthy Americans Never Spend Their Money On — and Two Things They Shouldn’t $3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, ‘Oracle of Wall Street’ saysMOSCOW -Russia's finance ministry said on Monday that it would halve its purchases of foreign currency and gold in the month ahead, a move that will increase the state's overall forex sales.

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