Markets in Canada and the U.S. climbed steadily Thursday in yet another reversal during a volatile week, with tech helping drive strength as well as some signs of recovery in embattled financial stocks.
The S&P/TSX composite index was up 160.17 points to 19,539.01.
In New York, the Dow Jones industrial average was up 371.98 points, or 1.2 per cent, to 32,246.55. The S&P 500 index was up 68.35 points, or 1.8 per cent, to 3,960.28, while the Nasdaq composite was up 283.33 points, or 2.5 per cent, to 11,717.28.
The Canadian dollar traded for 72.76 cents US compared with 72.58 cents US on Wednesday.
The April crude contract was up 74 cents at US$68.35 per barreland the April natural gas contract was up eight cents to US$2.51 per mmBTU.
The April gold contract was down US$8.30 at US$1923.0 an ounce and the May copper contract was up two cents to US$3.86 a pound.
This report by The Canadian Press was first published March 16, 2023.
LONDON: Sports Direct, the sporting goods retailer owned by Frasers Group Plc
Wall Street is downgrading European banks after stresses in the sector led to the emergency merger of the two largest lenders in Switzerland. Simultaneously, in
Hyundai, Kia SUVs should park outsideHyundai and Kia are telling the owners of more than 571,000 SUVs and minivans in the U.S. to park them outdoors because
Good morning and welcome to the ABC's live markets blog this Friday, March 24.Overnight the Bank of England followed the lead of the Federal Reserve, lifting in