North American stock markets climb to end the week despite dismal jobs numbers

North American stock markets climb to end the week despite dismal jobs numbers
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TORONTO — North American stock markets marched higher to end the week despite historically bad jobs numbers resulting from the COVID-19 pandemic.

The S&P/TSX composite index closed up 132.87 points at 14,966.56.

In New York, the Dow Jones industrial average was up 455.43 points at 24,331.32. The S&P 500 index was up 48.61 points at 2,929.80, while the Nasdaq composite was up 141.66 points at 9,121.32.

The Canadian dollar traded for 71.77 cents US compared with an average of 71.35 cents US on Thursday.

The July crude contract was up US$1.34 at US$26.17 per barrel and the June natural gas contract was down 7.1 cents at US$1.82 per mmBTU.

The June gold contract was down US$11.90 at US$1,713.90 an ounce and the July copper contract was up 2.55 cents at US$2.41 a pound.

This report by The Canadian Press was first published May 8, 2020.

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

 

The Canadian Press


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