TORONTO 鈥� Canada's main stock index rose Wednesday, led by base metals, industrials and technology, while U.S. markets also gained in the afternoon after news that automakers will get a month-long tariff exemption, one day after the U.S. imposed sweeping tariffs on Canadian and Mexican goods.
The S&P/TSX composite closed up 298.82 points at 24,870.82.
In New York, the Dow Jones industrial average was up 485.60 points at 43,006.59. The S&P 500 index was up 64.48 points at 5,842.63, while the Nasdaq composite was up 267.57 points at 18,552.73.
The Canadian dollar traded for 69.59 cents US compared with 69.02 cents US on Tuesday.
The April crude oil contract was down US$1.95 at US$66.31 per barrel and the April natural gas contract was up nine cents at US$4.50 per mmBTU.
The April gold contract was up US$5.40 at US$2,926 an ounce and the May copper contract was up 24 cents at US$4.79 a pound.
This report by The Canadian Press was first published March 5, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press
