Canada’s main stock index surged more than 200 points in a broad-based advance as U.S. stocks rallied for a second session in a row, erasing some of the massive losses suffered last week. The S&P/TSX composite index advanced 207.35 points or 1.38 per cent to 15,241.88, with materials and gold stocks leading the way. In New York, the Dow Jones industrial average soared 410.37 points or 1.70 per cent to 24,601.27. The S&P 500 index was up 36.45 points or 1.39 per cent to 2,656.00, and the Nasdaq composite index was up 107.47 points or 1.56 per cent to 6,981.96. The Canadian dollar closed an average trading value of 79.35 cents U.S., up 0.04 of a U.S. cent — putting an end to last week’s five-day slide.

Source: thestar February 12, 2018 16:07 UTC