North American stock markets rise in early trading to start the week, loonie up News Staff

TORONTO — Gains in the technology and metals and mining sectors helped boost Canada’s main stock index to a triple-digit advance in early trading, while U.S. stock markets also rose.

The S&P/TSX composite index was up 130.47 points at 18,266.37.

In New York, the Dow Jones industrial average was up 171.04 points at 31,319.28. The S&P 500 index was up 18.81 points at 3,905.64, while the Nasdaq composite was up 66.96 points at 13,923.26.

The Canadian dollar traded for 78.39 cents US compared with 78.28 cents US on Friday.

The March crude contract was up 58 cents at US$57.43 per barrel and the March natural gas contract was up three cents at US$2.89 per mmBTU.

The April gold contract was up US$22.50 at US$1,835.50 an ounce and the March copper contract was up three cents at US$3.66 a pound.

This report by The Canadian Press was first published Feb. 8, 2021.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press

Leave a Reply

Your email address will not be published. Required fields are marked *