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TSX recap: financial, utility and tech stocks lift Index 0.72%

TSX recap: financial, utility and tech stocks lift Index 0.72%

BNN Bloomberg
Saturday, January 20, 2024 10:58:29 AM UTC

Strength in financial, utilities and technology stocks helped the TSX gain almost 150 points Friday, while U.S. markets broadly rose on the back of technology, with the S&P 500 rallying to hit a new all-time record high.

The S&P/TSX Composite Index closed up 149.79 points, or 0.72 per cent, at 20,906.52.

In New York, the Dow Jones Industrial Average was up 395.19 points at 37,863.80. The S&P 500 Index was up 58.87 points at 4,839.81, while the Nasdaq Composite was up 255.32 points at 15,310.97.

The Canadian dollar traded for 74.28 cents U.S. compared with 74.05 cents U.S. on Thursday.

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