TORONTO – Canada’s main stock index was up more than 300 points in late-morning trading in a broad-based rally with strong gains in technology and base metal stocks.
The S&P/TSX composite index was up 357.97 points at 25,831.27.
In New York, the Dow Jones industrial average was up 48.84 points at 44,762.36. The S&P 500 index was up 5.21 points at 6,044.52, while the Nasdaq composite was down 42.08 points at 19,590.24.
The Canadian dollar traded for 69.39 cents US compared with 69.28 cents US on Wednesday.
The March crude oil contract was up 70 cents at US$73.32 per barrel and the March natural gas contract was down four cents at US$3.13 per mmBTU.
The April gold contract was up US$54.40 at US$2,847.90 an ounce and the March copper contract was up five cents at US$4.33 a pound.
This report by The Canadian Press was first published Jan. 30, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUS)
