Stocks in Toronto up as heavyweight sectors lead the way, U.S. stocks also gain

Stocks in Toronto up as heavyweight sectors lead the way, U.S. stocks also gain
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TORONTO — Canada’s main stock index headed higher, led by the financial, energy and industrial sectors, while U.S. stock markets also surged higher.

The S&P/TSX composite index was up 140.47 points at 17,520.23.

In New York, the Dow Jones industrial average was up 468.80 points at 28,868.61. The S&P 500 index was up 51.39 points at 3,300.31, while the Nasdaq composite was up 164.36 points at 9,437.76.

The Canadian dollar traded for 75.35 cents US compared with an average of 75.33 cents US on Monday.

The March crude contract was up 44 cents at US$50.55 per barrel and the March natural gas contract was up 2.2 cents at US$1.84 per mmBTU.

The April gold contract was down US$23.50 at US$1,558.90 an ounce and the March copper contract was up 3.25 cents at US$2.54 a pound.

This report by The Canadian Press was first published Feb. 4, 2020.

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

 

The Canadian Press

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