TORONTO — Strength in technology and industrial stocks helped Canada's main stock index move higher Wednesday, while U.S. stock markets also climbed, led by a 1.3 per cent gain for the Nasdaq.
The S&P/TSX composite index closed up 29.87 points at 25,311.50.
In New York, the Dow Jones industrial average was up 130.92 points at 44,156.73. The S&P 500 index was up 37.13 points at 6,086.37, while the Nasdaq composite was up 252.56 points at 20,009.34.
The Canadian dollar traded for 69.59 cents US compared with 69.61 cents US on Tuesday.
The March crude oil contract was down 39 cents at US$75.44 per barrel and the February natural gas contract was up 20 cents at US$3.96 per mmBTU.
The February gold contract was up US$11.70 at US$2,770.90 an ounce and the March copper contract was down four cents at US$4.30 a pound.
This report by The Canadian Press was first published Jan. 22, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press