TORONTO — North American stock markets moved higher as the banking sector was helped by an easing of restrictions on their use of capital.
The S&P/TSX composite index closed up 151.76 points at 15,446.14.
In New York, the Dow Jones industrial average was up 299.66 points at 25,745.60. The S&P 500 index was up 33.43 points at 3,083.76, while the Nasdaq composite was up 107.84 points at 10,017.00.
The Canadian dollar traded for 73.29 cents US compared with 73.58 cents US on Wednesday.
The August crude contract was up 71 cents at US$38.72 per barrel and the August natural gas contract was down 11.5 cents at nearly US$1.55 per mmBTU.
The August gold contract was down US$4.50 at US$1,770.60 an ounce and the July copper contract was up 1.25 cents at US$2.66 a pound.
This report by The Canadian Press was first published June 25, 2020.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
The Canadian Press