TORONTO – Canada’s main stock index gained more than 350 points Thursday in a broad rally led by energy and technology stocks, while U.S. markets also rose, led by a one-per-cent gain on the Dow.
The S&P/TSX composite index closed up 354.22 points at 25,390.68.
In New York, the Dow Jones industrial average was up 461.88 points at 43,870.35. The S&P 500 index was up 31.60 points at 5,948.71, while the Nasdaq composite was up 6.28 points at 18,972.42.
The Canadian dollar traded for 71.63 cents US compared with 71.46 cents US on Wednesday.
The January crude oil contract was up US$1.35 at US$70.10 per barrel and the January natural gas contract was up nine cents at US$3.48 per mmBTU.
The December gold contract was up US$23.20 at US$2,674.90 an ounce and the December copper contract was down three cents at US$4.13 a pound.
This report by The Canadian Press was first published Nov. 21, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
