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 jumped more than 350 points Friday, driven by gains in energy, industrials, financials and metals, while U.S. stock markets also rose.
The S&P/TSX composite index closed up 352.38 points, or 1.79 per cent, to 20,024.63.
In New York, the Dow Jones industrial average was up 701.19 points, or over two per cent, to 33,762.76. The S&P 500 index increased by 61.35 points to 4,282.37,while the Nasdaq composite grew 139.78 points to 13,240.77.
The Canadian dollar traded for 74.43 cents US compared with 74.17 cents US Thursday.
The July crude contract was up US$1.64 at US$71.74 per barrel and the July natural gas contract was up a penny at US$2.17 per mmBTU.
The August gold contract was down US$25.90 at US$1969.60 an ounceand the July copper contract was up two cents at US$3.73 a pound.
This report by The Canadian Press was first published June 2, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)