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S&P/TSX composite rises 1.5 per cent Wednesday, U.S. stock markets also rally

TORONTO — Broad-based strength lifted Canada's main stock index 1.5 per cent Wednesday, while U.S. stocks also rallied. The S&P/TSX composite index closed up 363.14 points at 25,069.21. In New York, the Dow Jones industrial average was up 383.
Canadian Press
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Financial numbers flow on the digital ticker tape at the TMX Group in Toronto's financial district on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

TORONTO — Broad-based strength lifted Canada's main stock index 1.5 per cent Wednesday, while U.S. stocks also rallied.

The S&P/TSX composite index closed up 363.14 points at 25,069.21.

In New York, the Dow Jones industrial average was up 383.32 points at 41,964.63. The S&P 500 index was up 60.63 points at 5,675.29, while the Nasdaq composite was up 246.67 points at 17,750.79.

The Canadian dollar traded for 69.80 cents US compared with 69.93 cents US on Tuesday.

The May crude oil contract was up 14 cents US at US$66.91 per barrel and the April natural gas contract was up 20 cents US at US$4.25 per mmBTU.

The April gold contract was up 40 cents US at US$3,041.20 an ounce and the May copper contract was up nine cents US at US$5.10 a pound.

This report by The Canadian Press was first published March 19, 2025.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press