Energy and tech stocks help lift TSX while U.S. stock markets rally before holiday


TORONTO – Energy and expertise lifted Canada’s principal stock index midweek while U.S. stock markets staged a late rally on the eve of the Thanksgiving holiday resulting from optimistic financial knowledge together with jobless claims hitting a 52-year low that confirmed the economic system remained robust.

The S&P/TSX composite index closed up 94.66 factors to 21,548.43.

In New York, the Dow Jones industrial common rebounded in late buying and selling and was down simply 9.42 factors at 35,804.38. The S&P 500 index was up 10.76 factors at 4,701.46, while the Nasdaq composite was up 70.09 factors at 15,845.23.

The Canadian greenback traded for 78.88 cents US in contrast with 78.70 cents US on Tuesday.

The January crude contract was down 11 cents at US$78.39 per barrel and the January pure fuel contract was up 7.9 cents at US$5.11 per mmBTU.

The December gold contract was up 50 cents at US$1,784.30 an oz and the December copper contract was up 3.6 cents at US$4.46 a pound.

This report by The Canadian Press was first printed Nov. 24, 2021.

Firms on this story: (TSX:GSPTSE, TSX:CADUSD=X)





Energy and tech stocks help lift TSX while U.S. stock markets rally before holiday Source link Energy and tech stocks help lift TSX while U.S. stock markets rally before holiday

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