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S&P/TSX composite gains one per cent, U.S. stock markets also rally

TORONTO — Canada's main stock index gained over one per cent Friday, led by strength in financial and industrial stocks, while U.S. markets also rallied in the latter half of the afternoon. The S&P/TSX composite index closed up 265.
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The S&P/TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, Nov.11, 2022. THE CANADIAN PRESS/ Tijana Martin

TORONTO — Canada's main stock index gained over one per cent Friday, led by strength in financial and industrial stocks, while U.S. markets also rallied in the latter half of the afternoon.

The S&P/TSX composite index closed up 265.21 points at 25,393.45.

In New York, the Dow Jones industrial average was up 601.41 points at 43,840.91. The S&P 500 index was up 92.93 points at 5,954.50, while the Nasdaq composite was up 302.86 points at 18,847.28.

The Canadian dollar traded for 69.26 cents US compared with 69.34 cents US on Thursday.

The April crude oil contract was down 59 cents at US$69.76 per barrel and the April natural gas contract was down 10 cents at US$3.83 per mmBTU.

The April gold contract was down US$47.40 at US$2,848.50 an ounce and the May copper contract was down seven cents at US$4.51 a pound.

This report by The Canadian Press was first published Feb. 28, 2025.

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

The Canadian Press