November 12th, 2024

S&P/TSX composite up 1.4 per cent, U.S. markets also rise

By The Canadian Press on December 21, 2022.

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 1.4 per cent Wednesday with broad-based gains, particularly in energy, while U.S. markets rose further.

The S&P/TSX composite index was up 264.21 points at 19,571.1.

In New York, the Dow Jones industrial average was up 526.74 points at 33,376.48. The S&P 500 index was up 56.82 points at 3,878.44, while the Nasdaq composite was up 162.26 points at 10,709.37.

The Canadian dollar traded for 73.46 cents US compared with 73.42 cents US on Tuesday.

The February crude contract was up US$2.06 at US$78.29 per barreland the January natural gas contract was up less than a cent at US$5.33 per mmBTU.

The February gold contract was unchanged at US$1,825.40 an ounceand the March copper contract was up a penny at US$3.81 a pound.

This report by The Canadian Press was first published Dec. 21, 2022.

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

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