May 21st, 2024

S&P/TSX composite rises, Nasdaq leads Wall St. rally after tech earnings

By The Canadian Press on April 26, 2024.

A street sign along Bay Street in Toronto's financial district is shown on Tuesday, Jan.12, 2021. THE CANADIAN PRESS/Nathan Denette

TORONTO – Gains in base metal stocks helped lift Canada’s main stock index on Friday while U.S. markets also rose, led by tech stocks as the Nasdaq gained two per cent.

The S&P/TSX composite index closed up 83.86 points at 21,969.24.

In New York, the Dow Jones industrial average was up 153.86 points at 38,239.66. The S&P 500 index was up 51.54 points at 5,099.96, while the Nasdaq composite was up 316.14 points at 15,927.90.

The Canadian dollar traded for 73.16 cents UScompared with 73.05 cents US on Thursday.

The June crude oil contract was up 28 cents at US$83.85 per barrel and the May natural gas contract was down three cents at US$1.61 per 1,000 cubic feet.

The June gold contract was up US$4.70 at US$2,347.20 an ounce and the May copper contract was up four cents at US$4.56 a pound.

This report by The Canadian Press was first published April 26, 2024.

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

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