S&P/TSX composite rises almost 150 points Friday, U.S. markets also gain

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TORONTO — Canada's main stock index gained almost 150 points Friday amid broad-based strength, while U.S. markets also rose as tech continued to outperform.

The S&P/TSX composite index was up 146.23 points at 19,920.31.

In New York, the Dow Jones industrial average was up 328.69 points at 33,093.34. The S&P 500 index was up 54.17 points at 4,205.45, while the Nasdaq composite was up 277.59 points at 12,975.69.

The Canadian dollar traded for 73.41 cents US compared with 73.38 cents US on Thursday.

The July crude contract was up 84 cents at US$72.67 per barrel and the July natural gas contract was down six cents at US$2.42 per mmBTU.

The June gold contract was up 60 cents at US$1,944.30 an ounce and the July copper contract was up nine cents at US$3.68 a pound.

This report by The Canadian Press was first published May 26, 2023.

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

The Canadian Press