April 22nd, 2024

S&P/TSX composite up almost 150 points, U.S. stocks rally on tech after Nvidia report

By The Canadian Press on February 22, 2024.

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 almost 150 points Thursday, while its Wall St. counterparts soared, led by technology stocks after another blowout report from chipmaker Nvidia.

The S&P/TSX composite index closed up 145.68 points at 21,318.08.

In New York, the Dow Jones industrial average was up 456.87 points at 39,069.11. The S&P 500 index was up 105.23 points at 5,087.03, while the Nasdaq composite was up 460.72 points at 16,041.62.

The Canadian dollar traded for 74.11 cents UScompared with 74.01 cents US on Wednesday.

The April crude contract was up 70 cents at US$78.61 per barreland the April natural gas contract was down three cents at US$1.83 per mmBTU.

The April gold contract was down US$3.60 at US$2,030.70 an ounce and the March copper contract was up two cents at US$3.90 a pound.

This report by The Canadian Press was first published Feb. 22, 2024.

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

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