TORONTO - Canada's main stock index gained in its first morning trading in August after Monday's Civic Holiday closure, while U.S. markets also rose, with Nasdaq reaching another record.

The S&P/TSX composite index was up 189.03 points at 16,358.23.

In New York, the Dow Jones industrial average was up 97.65 points at 26,762.05. The S&P 500 index was up 7.33 points at 3,301.94, while the Nasdaq composite was up 18.30 points at 10,921.10 after setting another record of 10,940.50.

The Canadian dollar traded for 74.78 US compared with 74.72 on Monday.

The September crude contract was up seven cents at US$41.08 per barrel and the September natural gas contract was up 2.8 cents at US$2.13 per mmBTU.

The December gold contract was up US$20.90 at US$2,007.20 an ounce. The September copper contract was down 1.9 cents at US$2.89 a pound.

This report by The Canadian Press was first published Aug. 4, 2020.