S&P/TSX composite gains 265 points Tuesday, U.S. markets also rise

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TORONTO — Gains in energy, technology and base metals helped lead a broad-based rally on Canada's main stock index Tuesday, which rose 1.32 per cent, while U.S. markets also posted gains. The S&P/TSX composite index closed up 265.27 points at 20,290.41. In New York, the Dow Jones industrial average was up 292.69 points at 34,852.67. The S&P 500 index was up 64.32 points at 4,497.63, while the Nasdaq composite was up 238.63 points at 13,943.76. The Canadian dollar traded for 73.57 cents UScompare

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commentingTORONTO — Strength in energy stocks as the price of oil once again topped US$80 per barrel helped lead a broad rally on the Toronto Stock Exchange Monday, lifting Canada's main stock index almost 200 points, while U.S. stock markets also climbed.

Key Advisors Wealth Management CEO and Co-Founder Eddie Ghabour joins Yahoo Finance Live to discuss market outlooks amid recession risks. "I hope I'm wrong and we don't have a recession, but one thing I'm convinced of is the market is not priced for a recession and if we are correct in our assessments, it could bring quite a bit of volatility," Ghabour says. Ghabour cites the recent JOLTS print, earnings season results, and housing market data in his recession forecast.

 

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Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,025.14, up 189.39 points): Suncor Energy Inc. (TSX:SU). Energy. Up 43 cents, or 0.96 per cent, to $45.20 on 13.0 million shares. Enbridge Inc. (TSX:ENB). Energy. Up 35 cents, or 0.75 per cent, to $47.18 on 12.0 million shares. Manulife Financial Corp. (TSX:MFC). Finance. Up 12 cents, or 0.49 per cent, to $24.45 on 9.1 million shares. Canadian Natural Resources Ltd. (TSX:CNQ). Energ
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

S&P/TSX composite up more than 150 points, U.S. stock markets also riseTORONTO — Strength in energy stocks as the price of oil topped US$80 per barrel helped lead a broad rally on the Toronto Stock Exchange as Canada's main stock index rose more than 150 points, while U.S. stock markets also climbed higher.
Source: SooToday - 🏆 8. / 85 Read more »

S&P/TSX composite up almost 200 points Monday, U.S. stock markets also riseTORONTO — Strength in energy stocks as the price of oil once again topped US$80 per barrel helped lead a broad rally on the Toronto Stock Exchange Monday, lifting Canada's main stock index almost 200 points, while U.S. stock markets also climbed.
Source: SooToday - 🏆 8. / 85 Read more »