Tech and telecom stocks boost S&P/TSX composite index Thursday, U.S. markets also up

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TORONTO — Strength in technology, base metals and telecom stocks helped lift Canada’s main stock index Thursday, while U.S. markets also rose. The S&P/TSX composite index closed up 135.40 points at 25,698.51.

TORONTO — Strength in technology, base metals and telecom stocks helped lift Canada’s main stock index Thursday, while U.S. markets also rose.

The S&P/TSX composite index closed up 135.40 points at 25,698.51.

In New York, the Dow Jones industrial average was up 342.87 points at 44,711.43. The S&P 500 index was up 63.10 points at 6,115.07, while the Nasdaq composite was up 295.69 points at 19,945.64.

A batch of good earnings reports helped investors shrug off the latest headlines in the ongoing tariff saga, said Allan Small, senior investment adviser at iA Private Wealth.

U.S. President Donald Trump on Thursday unveiled his plan to increase U.S. tariffs to match the rates other countries charge on imports.

“I…

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