Tech gains help S&P/TSX composite rise more than 100 points, U.S. stocks also up

TORONTO -

Strength in the technology sector helped lead a broad-based rally as Canada's main stock index gained more than 100 points in late-morning trading, while U.S. stock markets also surged higher.

The S&P/TSX composite index was up 137.31 points at 19,670.09.

In New York, the Dow Jones industrial average was up 419.91 points at 32,450.02. The S&P 500 index was up 63.20 points at 4,000.17, while the Nasdaq composite was up 261.15 points at 11,931.11.

The Canadian dollar traded for 73.35 cents US compared with 72.93 cents US on Wednesday.

The May crude contract was up 33 cents at US$71.23 per barrel and the May natural gas contract was up five cents at US$2.36 per mmBTU.

The April gold contract was up US$32.20 at US$1,981.80 an ounce and the May copper contract was up five cents at US$4.10 a pound.

This report by The Canadian Press was first published March 23, 2023

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Canada

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World

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Politics

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Health

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Largest study of its kind to investigate why Black women are more likely to die from most types of cancer

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Quebec looking to limit sperm donations per donor after 3 men from same family father hundreds of children

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Sci-Tech

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Entertainment

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Business

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Lifestyle

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Sports

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Local Spotlight

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Toronto

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Calgary

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Ottawa

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Montreal

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Edmonton

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Atlantic

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Winnipeg

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Regina

Albert Street flood alert system causes confusion for commuters

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Kitchener

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Saskatoon

Saskatchewan care home where elderly man was allegedly attacked suspended after inspection

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Northern Ontario

Bracebridge OPP officer headed to trial on assault charges for incident caught on camera

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North Bay flooring store Stradwicks destroyed in to fire

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London

Two Tuesday evening crashes being investigated by LPS

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OPP investigating fatal crash involving a pedestrian

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Barrie

Caledon OPP investigate fatal crash

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Man arrested for breaking into Barrie senior's home in east end, police say

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Windsor

Active investigation after report of dead body near east Windsor mall

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Driver impaired by fentanyl sent to prison for 'devastating' death of Lakeshore woman

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'Shine a light on a dark situation': Lakeshore, Ont. woman plans run to raise funds for ovarian cancer

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Vancouver Island

Ottawa approves B.C.'s request to recriminalize drug use in public spaces

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Grieving B.C. family seeks apology over paranormal TV show as network removes broadcast

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Military judge orders suspended jail sentence, $3K fine for B.C. sailor who stole from shipmates

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Kelowna

Red dresses to make fashion statement about missing and murdered Indigenous women

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B.C. breweries take home awards at World Beer Cup

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B.C. man rescues starving dachshund trapped in carrier: BC SPCA

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Lethbridge

Heavy rain, strong winds cause downed trees, power outages across southern Alberta

As of Tuesday afternoon, between 21 and 31 millimetres of rain had fallen in the Lethbridge region since Monday evening.
Woman sought by Lethbridge police in gas station assault and robbery

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Lethbridge police seek suspects in 'street robbery'

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Sault Ste. Marie

Cycling Without Age sets up Sault chapter

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Suspected drunk driver in Elliot Lake arrested after falling getting out of his vehicle

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Agreement reached to keep Sault Ste. Marie YMCA open past May 15

Facing imminent closure, a last-minute agreement has been reached to keep the YMCA in Sault Ste. Marie open.

N.L.

Crown, defence present closing arguments for N.L. lawyer accused of sexual assault

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Newfoundland and Labrador latest province to tighten rules on Airbnbs

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The Royal Newfoundland Constabulary says an officer convicted in 2021 of raping a woman while on duty is no longer with the force.

Tech gains help S&P/TSX composite rise more than 100 points, U.S. stocks also up

CTVNews.ca Top Stories

OPINION | No reunion between Prince Harry and the King signifies a setback for royal unity

NEW | For their protection, immigrants critical of China and India call for speedy passage of Canada's foreign interference legislation

NEW | For their protection, immigrants critical of China and India call for speedy passage of Canada's foreign interference legislation

NEW THIS MORNING | Federal public service unions to announce next steps in fight against office mandates

OPINION No reunion between Prince Harry and the King signifies a setback for royal unity

NEW For their protection, immigrants critical of China and India call for speedy passage of Canada's foreign interference legislation

NEW For their protection, immigrants critical of China and India call for speedy passage of Canada's foreign interference legislation

NEW THIS MORNING Federal public service unions to announce next steps in fight against office mandates