S&P/TSX composite rises more than 150 points, U.S. markets post strong gains
Posted April 27, 2023 4:47 pm.
TORONTO — Canada’s main stock index rose more than 150 points with broad-based gains led by financials, health care and metals, while U.S. markets posted strong gains as tech stocks continued to impress during earnings season.
The S&P/TSX composite index was up 155.92 points at 20,522.64.
In New York, the Dow Jones industrial average was up 524.29 points at 33,826.16. The S&P 500 index was up 79.36 points at 4,135.35,while the Nasdaq composite was up 287.89 points at 12,142.24.
The Canadian dollar traded for 73.46 cents UScompared with 73.39 cents US on Wednesday.
The June crude contract was up 46 cents at US$74.76 per barrel and the June natural gas contract was up five cents at US$2.36 per mmBTU.
The June gold contract was up US$3.00 at US$1,999.00 an ounce and the July copper contract was up two cents at US$3.88 a pound.
This report by The Canadian Press was first published April 27, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
The Canadian Press
