The TSX began March by rallying for a second consecutive day as it joined other major stock markets in North America, Europe and Asia to finish the week strong. All the major sectors in Canada were up for the day, led by battery metals, energy, healthcare and information technology.
Sponsored by
U.S. indexes continued their surge from a strong February as the S&P 500 and NASDAQ it records, and the Dow Jones Industrial Average also finished in positive territory. Red-hot chip maker Nvidia powered the NASDAQ rally and surpassed $2 trillion in market cap for the first time.
The Canadian dollar traded for 73.75 cents compared with 73.66 cents U.S. on Thursday.
U.S. crude futures traded $1.49 higher at $79.75 a barrel, and the Brent contract gained $1.45 to $83.36 a barrel.
The price of gold was up US$37.70 to US$2,092.40.
In world markets, the Nikkei was up 744.63 points to 39,910.82, the Hang Seng was up 78.00 points to 16,589.44, the FTSE was up 52.48 points to 7,682.50, and the DAX was up 56.88 points to 17,735.07.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.