TSX recap: Index recoups some of earlier losses with 0.80% gain

Canada's main stock index regained some of its recent losses as it rose more than 100 points in Thursday trading, while U.S. stock markets also moved higher.

The S&P/TSX Composite Index was up 154.76 points, or 0.80 per cent, at 19,590.74.

In New York, the Dow Jones Industrial Average was up 116.07 points at 33,666.34. The S&P 500 index was up 25.19 points at 4,299.70, while the Nasdaq Composite was up 108.43 points at 13,201.28.

The rebound in equities was in part due to easing pressure from global bond markets, which have been rattled by a growing realization that interest rates may stay high for a while. Last week, the U.S. Federal Reserve indicated it may not reduce rates by as much as investors previously anticipated.