December 11th, 2024

S&P/TSX composite gains almost one per cent, US markets also rise

By The Canadian Press on January 12, 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 one per cent Thursday, buoyed by strength in the energy and financial sectors, while U.S. markets also rose.

The S&P/TSX composite index was up 186.15 points at 20,211.20.

In New York, the Dow Jones industrial average was up 216.96 points at 34,189.97. The S&P 500 index was up 13.56 points at 3,983.17,while the Nasdaq composite was up 69.43 points at 11,001.10.

The Canadian dollar traded for 74.75 cents US compared with 74.49 cents US on Wednesday.

The February crude oil contract was up 98 cents at US$78.39 per barreland the February natural gas contract was up two cents at US$3.70 per mmBTU.

The February gold contract was up US$19.90 at US$1,898.80 an ounce and the March copper contract was up three cents at US$4.20 a pound.

This report by The Canadian Press was first published Jan. 12, 2023.

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

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