S&P/TSX composite posts triple-digit advance, U.S. stock markets also higher

TORONTO –

Strength within the expertise, industrial and power sectors helped Canada’s fundamental inventory index put up a triple-digit achieve, whereas U.S. inventory markets additionally pushed larger in late-morning buying and selling.

The S&P/TSX composite index was up 105.66 factors at 20,608.87.

In New York, the Dow Jones industrial common was up 380.45 factors at 33,755.94. The S&P 500 index was up 58.56 factors at 4,031.17, whereas the Nasdaq composite was up 231.96 factors at 11,372.39.

The Canadian greenback traded for 74.73 cents US in contrast with 74.51 cents US on Friday.

The March crude oil contract was up 78 cents at US$82.42 per barrel and the February pure gasoline contract was up 17 cents at US$3.34 per mmBTU.

The February gold contract was down US$1.40 at US$1,926.80 an oz and the March copper contract was up a penny at US$4.26 a pound.

This report by The Canadian Press was first printed Jan. 23, 2023