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TSX recap: Index finishes higher amid gains in energy stocks

TSX recap: Index finishes higher amid gains in energy stocks

BNN Bloomberg
Wednesday, February 08, 2023 03:48:42 AM UTC

Canada's main stock index gained almost 100 points Tuesday as strong performance in the energy sector was dragged down by losses in telecom and utilities, while U.S. markets also rose.

The S&P/TSX Composite Index was up 96.08 points, or 0.47 per cent, at 20,725.00.

In New York, the Dow Jones Industrial Average was up 265.67 points at 34,156.69. The S&P 500 Index was up 52.92 points, or 1.3 per cent, at 4,164, while the Nasdaq Composite was up 226.34 points, or 1.9 per cent, at 12,113.79.

The Canadian dollar traded for 74.43 cents U.S. compared with 74.39 cents U.S. on Monday.

Read full story on BNN Bloomberg
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