S&P/TSX composite up nearly 100 points, U.S. stock markets also climb higher

TORONTO –

Canada’s important inventory index was up almost 100 factors in late-morning buying and selling as positive factors within the base metals sector helped lead a broad-based rally and U.S. inventory markets additionally superior.

The S&P/TSX composite index was up 97.90 factors at 19,935.55.

In New York, the Dow Jones industrial common was up 89.55 factors at 32,807.15. The S&P 500 index was up 23.31 factors at 4,051.12, whereas the Nasdaq composite was up 103.47 factors at 12,029.71.

The Canadian greenback traded for 73.87 cents US in contrast with 73.66 cents US on Wednesday.

The May crude contract was up US$1.23 at US$74.20 per barrel and the May pure fuel contract was down six cents at US$2.12 per mmBTU.

The June gold contract was up US$5.90 at US$1,990.40 an oz. and the May copper contract was down lower than a penny at US$4.08 a pound.

This report by The Canadian Press was first revealed March 30, 2023