Toronto stock market starts week with broad rally led by energy sector

Toronto stock market starts week with broad rally led by energy sector
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TORONTO — Canada’s main stock index got a lift to start a holiday-shortened week from a broad-based rally led by the energy sector.

The S&P/TSX composite index closed up 200.74 points at 15,389.72.

In New York, the Dow Jones industrial average was up 580.25 points at 25,595.80. The S&P 500 index was up 44.19 points at 3,053.24, while the Nasdaq composite was up 116.93 points at 9,874.15.

The Canadian dollar traded for 73.09 cents US compared with 73.12 cents US on Friday.

The August crude contract was up US$1.21 at US$39.70 per barrel and the August natural gas contract was up 16.5 cents at nearly US$1.71 per mmBTU.

The August gold contract was up 90 cents at US$1,781.20 an ounce and the September copper contract was up 1.35 cents at US$2.69 a pound.

This report by The Canadian Press was first published June 29, 2020.

 

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

 

The Canadian Press


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