S&P/TSX composite, U.S. markets rise Friday to end volatile week amid tariff tension
Written by The Canadian Press on March 7, 2025
TORONTO — Canadian and U.S. stock markets made a turnaround Friday afternoon to end a rocky week on a more positive note, with Canada’s main stock index gaining almost 200 points and U.S. markets also rising.
The S&P/TSX composite index closed up 174.72 points at 24,758.76.
In New York, the Dow Jones industrial average was up 222.64 points at 42,801.72. The S&P 500 index was up 31.68 points at 5,770.20, while the Nasdaq composite was up 126.96 points at 18,196.22.
The Canadian dollar traded for 69.58 cents US compared with 69.89 cents US on Thursday.
The April crude oil contract was up 78 cents at US$67.04 per barrel and the April natural gas contract was up 10 cents at US$4.40 per mmBTU.
The April gold contract was down US$12.50 at US$2,914.10 an ounce and the May copper contract was down 10 cents at US$4.71 a pound.
This report by The Canadian Press was first published March 7, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press