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@ the Bell: Tech gains and labour market winds down

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29 December 2022 16:15 (EDT)

The Canadian markets saw a surge today, with large-cap companies boasting the top seats for the day’s best gainers.

The TSX began to trend upwards at noon, where it continued to float until its closing price, which was up 1.13 per cent.

Technology stocks took the lead in the markets today, while most other top sectors closed in the green as well.

In the US, most indices showed healthy gains for the day after new data showed signs of a cooling labour market.

Today in the Markets

TSX 19,497.48 +213.38
TSXV 563.33 +8.08
CSE 193.82 +5.76
DJIA 33,221.06 +345.35
NASDAQ 10,478.09 +264.80
S&P 500 3,849.14 +65.92

The Canadian dollar traded for 73.83 cents US, compared to 73.48 cents US on Wednesday.

US crude futures traded $0.18 lower at $78.46 a barrel, and the Brent contract went down $0.74 to $82.26 a barrel.

The price of gold was up US$10.70 to US$1,815.12

In world markets, the Nikkei was down 246.83 points to 26,093.67, the Hang Seng was down 157.77 points to 19,741.14, the FTSE was up 15.53 points to 7,512.72, and the DAX was up 146.12 points to 14,071.72.

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