Strength in the base metal stocks helped lead Canada's main stock index higher in late-morning trading, while U.S. stock markets also rose to start the trading week.

The S&P/TSX Composite Index was up 105.95 points, or 0.53 per cent, at 20,180.60.

In New York, the Dow Jones Industrial Average was up 32.04 points at 34,608.63. The S&P 500 Index was up 13.86 points at 4,471.35, while the Nasdaq Composite was up 84.96 points at 13,846.49.

The Canadian dollar traded for 73.54 cents U.S. compared with 73.36 cents U.S. on Friday.

The October crude contract was down 10 cents at US$87.41 per barrel and the October natural gas contract was down less than a penny at US$2.60 per mmBTU.

The December gold contract was up US$2.60 at US$1,945.30 an ounce and the December copper contract was up nine cents at US$3.81 a pound.

This report by The Canadian Press was first published Sept. 11, 2023.