A signboard is displayed at the TMX in Toronto, Wednesday, Nov. 1, 2023. THE CANADIAN PRESS/Chris Young
TORONTO – Canada’s main stock index gained 1.6 per cent Tuesday in a broad-based rally led by financials, base metals and utilities, while U.S. markets also rallied.
The S&P/TSX composite index closed up 314.58 points at 20,023.73.
In New York, the Dow Jones industrial average was up 489.83 points at 34,827.70. The S&P 500 index was up 84.15 points at 4,495.70, while the Nasdaq composite was up 326.64 points at 14,094.38.
The Canadian dollar traded for 72.86 cents US compared with 72.36 cents US on Friday.
The December crude contract was unchanged at US$78.26 per barreland the December natural gas contract was down nine cents at $3.11 per mmBTU.
The December gold contract was up US$16.30 at US$1,966.50 an ounceand the December copper contract was up two cents at US$3.68 a pound.
This report by The Canadian Press was first published Nov. 14, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
