S&P/TSX composite up more than 200 points in early trading, U.S. stocks also higher

TORONTO – Broad-based strength helped Canada’s main stock index gain more than 200 points in late-morning trading, while U.S. markets also rallied.

The S&P/TSX composite index was up 222.85 points at 23,810.65.

In New York, the Dow Jones industrial average was up 291.83 points at 40,504.54. The S&P 500 index was up 52.63 points at 5,415.99, while the Nasdaq composite was up 182.12 points at 16,906.58.

The Canadian dollar traded for 72.02 cents US compared with 71.99 cents US on Friday. 

The May crude oil contract was down 17 cents US at US$61.33 per barrel and the May natural gas contract was down six cents US at US$3.47 per mmBTU.

The June gold contract was down US$18.90 at US$3,225.70 an ounce and the May copper contract was up seven cents US at US$4.59 a pound.

This report by The Canadian Press was first published April 14, 2025.

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