S&P/TSX composite up more than 200 points, U.S. stock markets also climb higher

Published February 25, 2022 at 11:43 am

TORONTO — Strength in the financial and base metal sectors helped Canada’s main stock index rise more than 200 points in late-morning trading, even as Russian attacks in Ukraine continued.

The S&P/TSX composite index was up 203.19 points at 20,965.12.

In New York, the Dow Jones industrial average was up 614.61 points at 33,838.44. The S&P 500 index was up 74.86 points at 4,363.56, while the Nasdaq composite was up 154.88 points at 13,628.47.

The Canadian dollar traded for 78.51 cents US compared with 77.93 cents US on Thursday.

The April crude contract was down US$1.40 at US$91.41 per barrel and the April natural gas contract was down 20 cents at US$4.44 per mmBTU.

The April gold contract was down US$38.70 at US$1,887.60 an ounce and the May copper contract was up four cents at US$4.50 a pound.