Financial and tech stocks help boost S&P/TSX composite, U.S. stock markets also rise

By The Canadian Press on October 30, 2023.

TORONTO – Canada’s main stock index gained more than 100 points Monday, helped by strength in financial, industrial, utilities and technology stocks, while U.S. markets also rose.

The S&P/TSX composite index closed up 119.37 points at 18,856.76.

In New York, the Dow Jones industrial average was up 511.37 points at 32,928.96.The S&P 500 index was up 49.45 points at 4,166.82,while the Nasdaq composite was up 146.47 points at 12,789.48.

The Canadian dollar traded for 72.29 cents UScompared with 72.17 cents US on Friday.

The December crude contract was down US$3.23 at US$82.31 per barreland the December natural gas contract was down 13 cents at US$3.35 per mmBTU.

The December gold contract was up US$7.10 at US$2,005.60 an ounceand the December copper contract was up one cent at US$3.66 a pound.

This report by The Canadian Press was first published Oct. 30, 2023.

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

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