May 17th, 2024

S&P/TSX composite up more than 100 points in a broad-based rally

By The Canadian Press on April 18, 2024.

A signboard displays the TSX close in Toronto on Friday, June 4, 2021. THE CANADIAN PRESS/Frank Gunn

TORONTO – Canada’s main stock index was up more than 100 points in a broad-based rally on Thursday, while U.S. stock markets also pushed higher.

The S&P/TSX composite index was up 131.00 points at 21,787.05.

In New York, the Dow Jones industrial average was up 319.37 points at 38,072.68. The S&P 500 index was up 32.81 points at 5,055.02, while the Nasdaq composite was up 100.08 points at 15,783.45.

The Canadian dollar traded for 72.72 cents US compared with 72.50 cents US on Wednesday.

The June crude oil contract was down 46 cents at US$81.69 per barrel and the May natural gas contract was up six cents at US$1.77 per mmBTU.

The June gold contract was up US$6.90 at US$2,395.30 an ounce and the May copper contract was up eight cents at US$4.42 a pound.

This report by The Canadian Press was first published April 18, 2024.

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

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