S&P/TSX composite up in broad based rally, U.S. stocks also higher | 24CA News

Canada
Published 27.04.2023
S&P/TSX composite up in broad based rally, U.S. stocks also higher  | 24CA News

TORONTO — The heavyweight power and monetary sectors helped lead a broad-based rally as Canada’s important inventory index rose greater than 100 factors in late-morning buying and selling, whereas U.S. inventory markets additionally climbed larger.

The S&P/TSX composite index was up 103.26 factors at 20,469.98.

In New York, the Dow Jones industrial common was up 218.27 factors at 33,520.14. The S&P 500 index was up 43.26 factors at 4,099.25, whereas the Nasdaq composite was up 196.50 factors at 12,050.85.

The Canadian greenback traded for 73.46 cents US in contrast with 73.39 cents US on Wednesday.

The June crude contract was down 10 cents at US$74.20 per barrel and the June pure fuel contract was up two cents at US$2.32 per mmBTU.

The June gold contract was down US$2.70 at US$1,993.30 an oz. and the July copper contract was up lower than a penny at US$3.87 a pound.

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