North American stock markets partially rebound from biggest losses in three months

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TORONTO — North American stock markets had their best day in nearly three months to partially recover from steep losses on Wednesday.

The S&P/TSX composite index closed up 232.77 points or 1.3 per cent to 17,657.20.

In New York, the Dow Jones industrial average was up 300.19 points at 30,603.36. The S&P 500 index was up 36.61 points at 3,787.38, while the Nasdaq composite was up 66.56 points at 13,337.16.

The Canadian dollar traded for 78.06 cents US compared with 78.28 cents US on Wednesday.

The March crude oil contract was down 51 cents at US$52.34 per barrel and the March natural gas contract was down 3.8 cents at US$2.66 per mmBTU.

The April gold contract was up US$7.70 at US$1,841.20 an ounce and the March copper contract was up 2.05 cents at US$3.58 a pound.

This report by The Canadian Press was first published Jan. 28, 2021.

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

The Canadian Press