Tech sector helps lead S&P/TSX composite higher, U.S. stock markets also rise

TORONTO –

Canada’s important inventory index was up almost 200 factors in late-morning buying and selling as power within the expertise sector helped lead shares greater, whereas U.S. inventory markets additionally gained floor.

The S&P/TSX composite index was up 183.32 factors at 20,124.31.

In New York, the Dow Jones industrial common was up 254.31 factors at 33,113.34. The S&P 500 index was up 33.67 factors at 4,084.50, whereas the Nasdaq composite was up 122.41 factors at 12,135.88.

The Canadian greenback traded for 73.90 cents US in contrast with 73.89 cents US on Thursday.

The May crude contract was up 18 cents at US$74.55 per barrel and the May pure fuel contract was up eight cents at US$2.18 per mmBTU.

The June gold contract was down US$5.30 at US$1,992.40 an oz. and the May copper contract was down a penny at US$4.08 a pound.

This report by The Canadian Press was first revealed March 31, 2023