NEW YORK — Canada’s main stock index climbed higher for another day, powered by a broad-based rally led by the materials sector, while U.S. stock markets also pushed higher.
The S&P/TSX composite index was up 263.50 points at 14,189.21.
In New York, the Dow Jones industrial average was up 302.09 points at 23,735.66. The S&P 500 index was up 33.27 points at 2,783.25, while the Nasdaq composite was up 11.25 points at 8,102.15.
The Canadian dollar traded for 71.60 cents US compared with an average of 71.26 cents US on Wednesday.
The May crude contract was up US$1.03 at US$26.12 per barrel and the May natural gas contract was down nearly nine cents at US$1.77 per mmBTU.
The June gold contract was up US$51.70 at US$1,736.00 an ounce and the May copper contract was down less than a penny at US$2.25 a pound.
This report by The Canadian Press was first published April 9, 2020.
