S&P/TSX composite up almost 300 points as oil prices rise, U.S. markets rally

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S&P/TSX composite up almost 300 points as oil prices rise, U.S. markets rally
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TORONTO — Gains in energy stocks and base metals led Canada's main stock index up almost 300 points in a broad-based rally Wednesday, while major tech names ...

TORONTO — Gains in energy stocks and base metals led Canada's main stock index up almost 300 points in a broad-based rally Wednesday, while major tech names led a rally on U.S. stock markets , and the U.S. Federal Reserve held its key interest rate steady.In New York, the Dow Jones industrial average was up 99.46 points at 40,842.79. The S&P 500 index was up 85.86 points at 5,522.30, while the Nasdaq composite was up 451.98 points at 17,599.40.The September crude oil contract was up US$3.

Some of Europe's main broadcasters and top soccer leagues have sent a letter to the CEO of social media platform X, Linda Yaccarino, demanding more action against the distribution of illegal content.Empire Life reported second quarter common shareholders' net income of $35 million for 2024, compared to a net loss of $1 million for the second quarter of 2023.

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