S&P/TSX composite up 120 points to close week, U.S. markets also up

TORONTO – The S&P/TSX composite continued its rally Friday, rising more than 120 points and closing above 20,000 points for the first time since late August, while U.S. markets also rose.

The S&P/TSX composite index was up 121.15 points at 20,111.51.

In New York, the Dow Jones industrial average was up 32.49 points at 33,747.86. The S&P 500 index was up 36.56 points at 3,992.93,while the Nasdaq composite was up 209.18 points at 11,323.33

The Canadian dollar traded for 74.40 cents US, according to XE.com, compared with 74.75 cents US on Thursday.

The December crude oil contract was up US$2.49 at US$88.96 per barrel and the December natural gas contract was down 36 cents at US$6.23 per mmBTU.

The December gold contract was up US$15.70 at US$1,769.40 an ounce and the December copper contract was up 16 cents at US$3.91 a pound.

This report by The Canadian Press was first published Nov. 11, 2022.

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