TORONTO — Canada’s main stock index gained almost 200 points Friday as markets broadly rose to end a rocky trading week, with the main U.S. indexes each gaining more than one per cent. The S&P/TSX composite index closed up 185.
TORONTO — Canada’s main stock index gained almost 200 points Friday as markets broadly rose to end a rocky trading week, with the main U.S. indexes each gaining more than one per cent.
The S&P/TSX composite index closed up 185.54 points at 24,599.48.
In New York, the Dow Jones industrial average was up 498.02 points at 42,840.26. The S&P 500 index was up 63.77 points at 5,930.85, and the Nasdaq composite index was up 199.83 points at 19,572.60.
The rally closed out a tumultuous week for markets, which sank on Wednesday after the U.S. Federal Reserve cut its key interest rate and signalled it plans to cut just twice in 2025. That day, the S&P 500 dropped almost three per cent, and the TSX slid…
