S&P/TSX composite up almost 200 points, U.S. stock markets also climb higher

TORONTO — Technology stocks helped lead a broad-based rally, bringing Canada's main stock index up almost 200 points Wednesday, while U.S. stock markets also climbed.

The S&P/TSX composite index was up 188.58 points at 19,879.79.

In New York, the Dow Jones industrial average was up 184.15 points at 34,472.98. The S&P 500 index was up 48.46 points at 4,436.01,while the Nasdaq composite was up 215.16 points at 13,721.03.

The Canadian dollar traded for 73.79 cents UScompared with 73.81 cents US on Tuesday.

The October crude contract was down 75 cents at US$78.89 per barreland the October natural gas contract was down six cents at US$2.59 per mmBTU.

The December gold contract was up US$22.10 at US$1,948.10 an ounceand the September copper contract was up five cents at US$3.81 a pound.

This report by The Canadian Press was first published Aug. 23, 2023.

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

The Canadian Press