S&P/TSX composite up 190 points, U.S. stock markets also rise

Canada’s main stock index rose on Thursday, helped by strength in technology stocks, while U.S. markets also gained ground.

The S&P/TSX composite index was up 190.83 points at 31,440.85.

In New York, the Dow Jones industrial average was up 65.88 points at 47,951.85. The S&P 500 index was up 53.33 points at 6,774.76, while the Nasdaq composite was up 313.04 points at 23,006.36.

The Canadian dollar traded for 72.60 cents US compared with 72.56 cents US on Wednesday.

The February crude oil contract was up 19 cents US at US$56.00 per barrel.

The February gold contract was down US$9.40 at US$4,364.50 an ounce.

The Canadian Press

The Canadian Press is a national news agency headquartered in Toronto and founded in 1917.