Canada’s primary stock market index continued its ascent this week on Thursday, supported by strong performances in the financial, telecom, and technology sectors. U.S. markets also saw gains.
The S&P/TSX composite index rose by 100.56 points to reach 20,375.83.
In New York, the Dow Jones industrial average increased by 248.49 points to 35,371.85. The S&P 500 index climbed by 30.52 points to 4,498.23, while the Nasdaq composite edged up by 103.06 points to 13,825.08.
The Canadian dollar traded at 74.61 cents US, compared to 74.45 cents US on Wednesday.
The September crude oil contract fell by 96 cents to US$83.44 per barrel, while the September natural gas contract declined by 17 cents to US$2.79 per mmBTU.
The December gold contract dropped by US$4.10 to US$1,946.50 per ounce, and the September copper contract decreased by one cent to US$3.77 per pound.
© 2023 The Canadian Press
