News

Financials help lift Toronto stocks higher, U.S. stock markets also climb

Financials help lift Toronto stocks higher, U.S. stock markets also climb
Business
TORONTO - A broad-based rally led by the financials sector helped lift Canada’s main stock index higher in late-morning trading while U.S. markets also climbed higher.

The S&P/TSX composite index was up 71.77 points at 16,159.32.

In New York, the Dow Jones industrial average was up 92.49 points at 25,802.43. The S&P 500 index was up 12.31 points at 2,820.79, while the Nasdaq composite was up 64.48 points at 7,695.39.

The Canadian dollar traded for 74.92 cents US compared with an average of 75.04 cents US on Thursday.

The April crude contract was down 25 cents at US$58.36 per barrel and the April natural gas contract was down 4.4 cents at US$2.811 per mmBTU.

The April gold contract was up US$7.50 at US$1,302.60 an ounce and the May copper contract was up 1.30 cents at US$2.9045 a pound.
Read more on Toronto Star
News Topics :
Similar Articles :
Business
TORONTO The industrials sector helped lift Canada s main stock index at late morning, while U.S. stock markets also climbed higher as technology companies and banks rose. The S&P/TSX composite...
Business
TORONTO The energy and technology sectors helped lift Canada s main stock index in late morning trading, while U.S. markets also climbed higher. The S&P/TSX composite index was up 46.43...
Business
TORONTO The industrials and technology sectors helped lift Canada s main stock index higher in late morning trading, while U.S. stock markets moved lower. The S&P/TSX composite index was up...
Business
TORONTO The materials sector helped lift Canada’s main stock index in late morning trading, while U.S. stock markets were mixed. The S&P/TSX composite index was up 44.34 points at 15, 528.89....
Business
TORONTO A broad based rally helped Canada s main stock index head higher in late morning trading as U.S. stock markets also gained ground. The S&P/TSX composite index was up 95.44...