TORONTO – Canada’s main stock index rose more than 100 points Thursday, helped by strength in industrial and utility stocks,while U.S. stock markets also rose.
The S&P/TSX composite index closed up 122.58 points at 25,434.08.
In New York, the Dow Jones industrial average was up 408.34 points at 44,565.07. The S&P 500 index was up 32.34 points at 6,118.71,while the Nasdaq composite was up 44.34 points at 20,053.68.
The Canadian dollar traded for 69.58 cents UScompared with 69.59 cents US on Wednesday.
The March crude oil contract was down 82 cents at US$74.62 per barreland the March natural gas contract was down four cents at US$3.47 per mmBTU.
The February gold contract was down US$5.90 at US$2,765 an ounce and the March copper contract was up three cents at US$4.33 a pound.
This report by The Canadian Press was first published Jan. 23, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
