S&P/TSX composite up more than 200 points, U.S. stock markets also rise

TORONTO – Canada’s main stock index gained more than 200 points Thursday, led by strength in tech, metals, financials and utilities, while U.S. markets also rose.

The S&P/TSX composite index was up 206.87 points at 20,277.64.

In New York, the Dow Jones industrial average was up 47.71 points at 34,395.14. The S&P 500 index was up 37.88 points at 4,510.04, while the Nasdaq composite was up 219.61 points at 14,138.57.

The Canadian dollar traded for 76.17 cents US compared with 75.83 cents US on Wednesday.

The August crude contract was up US$1.14 at US$76.89 per barrel and the August natural gas contract was down nine cents at US$2.55 per mmBTU.

The August gold contract was up US$2.10 at US$1,963.80 an ounce and the September copper contract was up nine cents at US$3.94 a pound.

This report by The Canadian Press was first published July 13, 2023.

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