Broad rally helps boost S&P/TSX composite, U.S. stocks also up after jobs report

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Broad rally helps boost S&P/TSX composite, U.S. stocks also up after jobs report
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A broad-based rally on the Toronto Stock Exchange helped boost Canada's main stock index, while U.S. stock markets rose in the wake of a stronger-than-expected jobs report.

In New York, the Dow Jones industrial average was up 181.7 points at 25,916.67. The S&P 500 index was up 22.63 points at 3,138.49, while the Nasdaq composite was up 84.68 points at 10,239.31.The August crude contract was down seven cents at US$39.75 per barrel and the August natural gas contract was up four cents at nearly US$1.72 per mmBTU.

The August gold contract was up US$8.40 at US$1,788.30 an ounce and the September copper contract was down less than a penny at US$2.73 a pound.

 

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Asian stocks follow Wall Street higher on vaccine hopesAsian stocks follow Wall Street higher on vaccine hopesAsian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. Holy macaroni
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