3.5 C
New York
March 12, 2026
Worship Media
Business

Canada’s main stock index climbs as Oct. economic growth matches expectations

TORONTO –

Canada’s main stock index traded higher in mid-morning trading on Thursday as Statistics Canada said the economy grew by 0.8 per cent in October to match expectations.

The S&P/TSX composite index was up 158.44 points at 21,228.49 with broad gains across sectors.

In New York, the Dow Jones industrial average was up 230.07 points at 35,983.96. The S&P 500 was up 35.93 points at 4,732.49, while the Nasdaq composite was up 122.91 points at 15,644.80.

The Canadian dollar traded for 78.04 cents US compared with 77.73 cents US on Wednesday.

The February crude contract was up 23 cents at US$72.99 per barrel and the January natural gas contract was down 22 cents at US$3.75 per mmBTU.

The February gold contract was up US$5.20 at US$1,807.40 an ounce and the March copper contract was up a penny at US$4.38 a pound.

This report by The Canadian Press was first published Dec. 23, 2021.

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/canada-s-main-stock-index-climbs-as-oct-economic-growth-matches-expectations-1.5717712

Related posts

Air Canada CEO’s compensation cut by over half – to $5.8 million – due to pandemic

CTV News

Stocks edge higher as tech companies, banks make solid gains

CTV News

Restaurant Brands buying sandwich fast food chain Firehouse Subs for US$1 billion

CTV News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy