Toronto stock market rally led by cannabis while U.S. stock markets closed

Toronto stock market rally led by cannabis while U.S. stock markets closed
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TORONTO — Canada’s main stock index posted a triple-digit advance on a broad-based rally led by a resurgence among cannabis stocks.

The S&P/TSX composite index closed up 161.78 points at 15,089.08.

U.S. stock markets were closed for the Memorial Day holiday.

The Canadian dollar traded for 71.51 cents US compared with 71.35 cents on Friday.

The July crude contract was up 47 cents at US$33.72 per barrel and the July natural gas contract was down 2.5 cents at nearly US$1.86 per mmBTU.

The June gold contract was down US$8.10 at US$1,735.50 an ounce and the July copper contract was up 2.15 cents at nearly US$2.41 a pound.

This report by The Canadian Press was first published May 25, 2020.

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

 

The Canadian Press


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