S&P/TSX composite up almost 100 points, U.S. stock markets climb ahead of jobs report

TORONTO — Canada's main stock index gained almost 100 points Thursday, helped by gains in industrial and utilities stocks,while U.S. stock markets also rose.

Though the Fed left rates alone on Wednesday, it did indicate it plans to ease off a bit on other quantitative tightening measures, a somewhat dovish move, said Boehmer.“In the meantime, they’re trying to do some positive things for the market.”Earnings from big U.S. companies including Qualcomm and Carvana helped drive markets higher, while Apple’s stock price also rose ahead of its after-the-bell earnings release.

“Now that we've seen a couple of days of U.S. dollar weakness ... this is actually providing some relief for risky assets, for emerging markets, for equities.”

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