HomeBusinessS&P/TSX composite index closes up on oil prices

S&P/TSX composite index closes up on oil prices


Canada’s foremost stock index was up practically 250 factors Tuesday, swept up by a reversal in oil prices and broad-based beneficial properties, whereas U.S. markets additionally rose.

The S&P/TSX composite index was up 242.88 factors at 20,220.01.

In New York, the Dow Jones industrial common was up 397.82 factors at 34,098.10. The S&P 500 index was up 53.64 factors at 4,003.58, whereas the Nasdaq composite was up 149.90 at 11,174.41.

The Canadian greenback traded for 74.65 cents UScompared with 74.34 cents US on Monday.

The January crude oil contract was up 91 cents at US$80.95and the January pure gasoline contract was up 18 cents at US$7.41 per mmBTU.

The December gold contract was up 30 cents at $1,739.90 an oz,and the December copper contract was up 4 cents at US$3.61 a pound.

This report by The Canadian Press was first revealed Nov. 22, 2022.



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