
S&P/TSX Surges on Oil Prices
About this episode
North American markets surge as oil prices soar, boosting energy stocks and commodities. The S&P/TSX composite hits 32,294, while the Dow jumps 334 points to 45,500. However, the Nasdaq dips slightly. The Canadian dollar weakens, and gold futures rise. Investors eye energy plays amid global demand.
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Canada News Today | 2 Min News | The Daily News Now! — S&P/TSX Surges on Oil Prices. Machine-transcribed; use the interactive transcript above to jump the player to any line.
It's March 30. Canada News Today starts now, AI-powered and ready. I'm Cory with the story. Canada's main stock index, the S&P-slash TSX composite, serves 333 points to 32,294. Fueled by oil prices breaking past $100 a barrel in late trading. That energy boost had markets moving, with the May crude contract climbing $2.66 to $102.30 per barrel. US exchanges showed a split picture, traders reacting to mixed signals, where the Dow jumped $3.34 to $45,500, the S&P-500 edged up 18 points to $6,387, but the NASDAQ dibs 6 points to $20,943. The Canadian dollar weakened a bit, trading at $71.80 U.S. since compared to $72.07 the day before, wow. Gold futures for June rose $38.70 to $4,563.
Overall, commodities are stealing the show today, lifting North American markets higher as investors' eye energy plays amid global demand.
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