NEWS
04/20/2015 16:23 EDT | Updated 06/20/2015 01:12 EDT

Energy issues push TSX higher; N.Y. markets soar on strong earnings news

TORONTO - Better than expected corporate earnings reports in the U.S. and positive economic news from China helped North American markets close higher Monday as they rebounded from Friday's sell-off.The S&P/TSX composite index gained 52.05 points to 15,412.60.The Canadian dollar was 0.01 of a U.S. cent lower at 81.77 cents.In the U.S., the Dow industrials surged 208.63 points to 18,034.93, while the Nasdaq jumped 62.79 points to 4,994.60 and the S&P 500 index added 19.22 points to 2,100.40.On the commodity markets, the May crude contract up 64 cents at US$56.38 a barrel, while the June gold contract was down $9.40 at US$1,193.70 an ounce.May copper was off four cents at US$2.73 a pound.