S&P/TSX composite posts small gain while U.S. stock markets rise, led by Nasdaq

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TORONTO — Strength in industrial stocks helped Canada’s main stock index post a small gain Thursday, while U.S. markets rose, more than reclaiming Wednesday’s losses. The S&P/TSX composite index closed up 61.71 points at 20,756.73.

TORONTO — Strength in industrial stocks helped Canada’s main stock index post a small gain Thursday, while U.S. markets rose, more than reclaiming Wednesday’s losses.

The S&P/TSX composite index closed up 61.71 points at 20,756.73.

In New York, the Dow Jones industrial average was up 201.94 points at 37,468.61. The S&P 500 index was up 41.73 points at 4,780.94, while the Nasdaq composite was up 200.03 points at 15,055.65.

The Nasdaq led gains in the U.S., with Apple’s share price rising 3.3 per cent and other Big Tech stocks also higher. 

This week, investors have been reacting to recent U.S. data that paints a picture of continued strength in the economy as 2023 came to a close, said…

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