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TSX recap: Index finishes 0.63% higher amid U.S. market gains

TSX recap: Index finishes 0.63% higher amid U.S. market gains

BNN Bloomberg
Tuesday, January 24, 2023 11:27:32 AM UTC

Canada's main stock index posted a modest gain Monday while U.S. stock markets saw bigger growth, continuing Friday's rally amid strength in the technology sector.

The S&P/TSX Composite Index was up 128.37 points, or 0.63 per cent, at 20,631.58.

In New York, the Dow Jones Industrial Average was up 254.07 points at 33,629.56. The S&P 500 Index was up 47.20 points, gaining more than one per cent, at 4,019.81, while the Nasdaq Composite was up 223.98 points, or more than two per cent, at 11,364.41.

The Canadian dollar traded for 74.73 cents U.S. compared with 74.51 cents U.S. on Friday.

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