TORONTO — Canada's main stock index gained more than 200 points Friday, led by strength in utilities and base metals, while U.S. stock markets saw a steady rally on the last trading day before Donald Trump is inaugurated as president.
The S&P/TSX composite index closed up 221.72 points at 25,067.92.
In New York, the Dow Jones industrial average was up 334.70 points at 43,487.83. The S&P 500 index was up 59.32 points at 5,996.66, while the Nasdaq composite was up 291.91 points at 19,630.20.
The Canadian dollar traded for 69.28 cents US compared with 69.50 cents US on Thursday.
The March crude oil contract was down 46 cents at US$77.39 per barrel and the February natural gas contract was down 31 cents at US$3.95 per mmBTU.
The February gold contract was down US$2.20 at US$2,748.70 an ounce and the March copper contract was down seven cents at US$4.37 a pound.
This report by The Canadian Press was first published Jan. 17, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press
