TORONTO — Canada’s main stock index moved higher as energy stocks surged on a record move in crude oil prices on a promised ceasefire between Russia and Saudi Arabia.
The S&P/TSX composite index closed up 221.36 points at 13,097.76.
In New York, the Dow Jones industrial average was up 469.93 points at 21,413.44. The S&P 500 index was up 56.40 points at 2,526.90, while the Nasdaq composite was up 126.73 points at 7,487.31.
The Canadian dollar traded for 70.53 cents US compared with an average of 70.34 cents US on Wednesday.
The May crude contract was up US$5.01 at US$25.32 per barrel and the May natural gas contract was down 3.5 cents at US$1.55 mmBTU.
The June gold contract was up US$46.30 at US$1,637.70 an ounce and the May copper contract was up 4.4 cents at US$2.22 a pound.
This report by The Canadian Press was first published April 2, 2020.
