TSX gains 150 points, U.S. markets rise in tech-led rally with S&P 500 hitting record

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TORONTO — Strength in financial, utilities and technology stocks helped the TSX gain almost 150 points Friday, while U.S. markets broadly rose on the back of technology, with the S&P 500 rallying 1.2 per cent to hit a new all-time record high.

TORONTO — Strength in financial, utilities and technology stocks helped the TSX gain almost 150 points Friday, while U.S. markets broadly rose on the back of technology, with the S&P 500 rallying 1.2 per cent to hit a new all-time record high.

“It’s been a really constructive day for equities, certainly in North America,” said Kathrin Forrest, equity investment specialist at Capital Group.

The S&P/TSX composite index closed up 149.79 points at 20,906.52.

In New York, the Dow Jones industrial average was up 395.19 points, or 1.1 per cent, at 37,863.80.The S&P 500 index was up 58.87 points at 4,839.81, while the Nasdaq composite was up 255.32 points, or 1.7 per cent, at…

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