November 29th, 2024

S&P/TSX composite gains 200 points Tuesday, U.S. markets also up

By The Canadian Press on January 31, 2023.

The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, November 11, 2022. THE CANADIAN PRESS/ Tijana Martin

TORONTO – Canada’s main stock index gained almost 200 points Tuesday with broad-based strength across sectors while U.S. markets also rose, erasing Monday’s losses.

The S&P/TSX composite index was up 195.27 points at 20,767.38.

In New York, the Dow Jones industrial average was up 368.95 points, or more than one per cent, at 34,086.04. The S&P 500 index was up 58.83 points, or almost 1.5 per cent, at 4,076.60, while the Nasdaq composite was up 190.74 points, or almost 1.7 per cent, at 11,584.55.

The Canadian dollar traded for 74.91 cents UScompared with 74.87 cents US on Monday.

The March crude contract was up 97 cents at US$78.87 per barrel and the March natural gas contract was up a penny at US$2.68 per mmBTU.

The April gold contract was up US$6.10 at US$1,945.30 an ounceand the March copper contract was up two cents at US$4.23 a pound.

This report by The Canadian Press was first published Jan. 31, 2023.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

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