TORONTO –
A broad-based rally led by a rebound in the technology sector and higher crude oil prices helped Canada’s main stock index to rise more than 100 points Friday and post its best week in a year.
The S&P/TSX composite index closed up 177.84 points to 21,271.85.
In New York, the Dow Jones industrial average was down 21.42 points at 35,089.74. The S&P 500 index was up 23.09 points at 4,500.53, while the Nasdaq composite was up 219.19 points at 14,098.01.
The Canadian dollar traded for 78.38 cents US compared with 78.87 cents US on Thursday.
The March crude oil contract was up US$2.04 at US$92.31 per barrel and the March natural gas contract was down 31.6 cents at US$4.57 per mmBTU.
The April gold contract was up US$3.70 at US$1,807.80 an ounce and the March copper contract was up 1.65 cents at nearly US$4.49 a pound.
This report by The Canadian Press was first published Feb. 4, 2022.
