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S&P/TSX composite nearly 100 points higher, U.S. markets also rise

TORONTO — Canada's main stock index was up nearly 100 points to finish trading on Wednesday, helped by gains in the tech sector, while U.S. markets also rose. The S&P/TSX composite index was up 98.83 points at 27,152.97.
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Ed Curran works on the floor at the New York Stock Exchange in New York, Wednesday, July 16, 2025. (AP Photo/Seth Wenig)

TORONTO — Canada's main stock index was up nearly 100 points to finish trading on Wednesday, helped by gains in the tech sector, while U.S. markets also rose.

The S&P/TSX composite index was up 98.83 points at 27,152.97.

In New York, the Dow Jones industrial average was up 231.49 points at 44,254.78. The S&P 500 index was up 19.94 points at 6,263.70 while the Nasdaq composite was up 52.69 points at 20,730.49.

The Canadian dollar traded for 72.93 cents US compared with 72.94 cents US on Tuesday.

The September crude oil contract was down 18 cents US at US$65.19 per barrel.

The August gold contract was up US$22.40 at US$3,359.10 an ounce.

This report by The Canadian Press was first published July 16, 2025.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press

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