December 11th, 2024

S&P/TSX composite closes up along with U.S. markets after economic report

By The Canadian Press on January 26, 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 made a turnaround from early losses to end up Thursday along with U.S. markets as data showed continued resilience in the U.S. economy.

The S&P/TSX composite index ended up 100.90 points at 20,700.50.

In New York, the Dow Jones industrial average was up 205.57 points at 33,949.41. The S&P 500 index was up 44.21 points at 4,060.43, while the Nasdaq composite was up 199.06 points at 11,512.41.

The Canadian dollar traded for 74.91 cents US compared with 74.67 cents US on Wednesday.

The March crude contract was up 86 cents at US$81.01 per barrel and the March natural gas contract was down seven cents at US$2.85 per mmBTU.

The February gold contract was down US$12.60 at US$1,930 an ounce and the March copper contract was up two cents at US$4.27 a pound.

This report by The Canadian Press was first published Jan. 26, 2023.

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

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