S&P/TSX composite up more than 250 points, U.S. stocks rise for third day

News Snapshot:

TORONTO — Canada's main stock index rose more than 250 points in a broad-based rally led by base metals, while U.S. stock markets also climbed to close out a third straight day of gains. The S&P/TSX composite index closed up 254.85 points, or just over one per cent, at 24,727.53. In New York, the Dow Jones industrial average was up 486.83 points or 1.2 per cent at 40,093.40. The S&P 500 index was up 108.91 points or two per cent at 5,484.77, while the Nasdaq composite was up 457.99 points or 2.7 per cent at 17,166.04. Investors continue to be...