TORONTO – Strength in technology and energy stocks helped Canada’s main stock index move up in late-morning trading, while U.S. stock markets also climbed higher.
The S&P/TSX composite index was up 37.57 points at 25,319.20.
In New York, the Dow Jones industrial average was up 58.85 points at 44,084.66. The S&P 500 index was up 40.70 points at 6,089.94, while the Nasdaq composite was up 253.75 points at 20,010.53.
The Canadian dollar traded for 69.56 cents US compared with 69.61 cents US on Tuesday.
The March crude oil contract was down 40 cents at US$75.43 per barrel and the February natural gas contract was up eight cents at US$3.84 per mmBTU.
The February gold contract was up US$9.70 at US$2,768.90 an ounce and the March copper contract was down five cents at US$4.29 a pound.
This report by The Canadian Press was first published Jan. 22, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
