Telecom and battery metals lead 1% gain on S&P/TSX composite, U.S. markets also rise

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TORONTO — Broad-based strength led by battery metals and telecom stocks helped the TSX gain one per cent Friday despite weakness in energy stocks, while U.S. markets also rose. The S&P/TSX composite index closed up 198.51 points at 19,824.85.

TORONTO — Broad-based strength led by battery metals and telecom stocks helped the TSX gain one per cent Friday despite weakness in energy stocks, while U.S. markets also rose.In New York, the Dow Jones industrial average was up 222.24 points at 34,061.32. The S&P 500 index was up 40.56 points at 4,358.34, while the Nasdaq composite was up 184.09 points at 13,478.28.The December crude contract was down US$1.95 at US$80.

The December gold contract was up US$5.70 at US$1,999.20 an ounce and the December copper contract was up one cent at US$3.68 a pound.The Canadian Press

 

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