TORONTO — Strength in technology stocks helped Canada’s main stock index climb over 100 points Tuesday, while U.S. markets also rose and oil prices fell. The S&P/TSX composite index closed 109.26 points higher at 26,718.62.
TORONTO — Strength in technology stocks helped Canada’s main stock index climb over 100 points Tuesday, while U.S. markets also rose and oil prices fell.
The S&P/TSX composite index closed 109.26 points higher at 26,718.62.
In New York, the Dow Jones industrial average was up 507.24 points at 43,089.02. The S&P 500 index was up 67.01 points at 6,092.18, while the Nasdaq composite was up 281.56 points at 19,912.53.
Equity market gains came as the price of oil pulled back on hopes that Israel’s war with Iran will not damage the global flow of crude. The August crude oil contract was down US$4.14 at US$64.37 per barrel.
The August gold contract was down US$61.10 at US$3,333.90 an ounce.
The Canadian dollar traded for 72.93 cents US compared with 72.70 cents US on Monday.
This report by The Canadian Press was first published June 24, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
— With files from The Associated Press
The Canadian Press