You are using an older browser version. Please use a supported version for the best MSN experience.

Toronto stock market posts first back-to-back rally since COVID-19 crisis

The Canadian Press logoThe Canadian Press 2020-03-25
a close up of a clock © Provided by The Canadian Press

TORONTO — Canada's main stock index posted its first back-to-back rally since the COVID-19 crisis began to hit stocks last month as stimulus measures appear set to become a reality in Canada and the U.S.

The S&P/TSX composite index closed up 568.15 points or 4.5 per cent at 13,139.28.

Related video: How coronavirus is impacting the economy around the world (Provided by Global News) 

Replay Video
What to watch next

In New York, the Dow Jones industrial average was up 495.64 points at 21,200.55. The S&P 500 index was up 28.23 points at 2,475.56, while the Nasdaq composite was down 33.56 points at 7,384.29.

The Canadian dollar traded for 69.92 cents US compared with an average of 69.01 cents US on Tuesday.

The May crude contract was up 48 cents at US$24.49 per barrel and the May natural gas contract was down 1.5 cents at US$1.71 per mmBTU.

The April gold contract was down US$27.40 at US$1,633.40 an ounce and the May copper contract was up 2.4 cents at US$2.20 a pound.

This report by The Canadian Press was first published March 25, 2020.

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

Are you on LinkedIn? Follow Microsoft News Canada and keep up with the latest industry news, career, jobs and tech updates. Connect with us now!


XD Load Error

image beaconimage beaconimage beacon