Canada's main stock index gained almost a hundred points Thursday despite weakness in energy stocks, while U.S. markets erased a big chunk of their losses from the day before. 

The S&P/TSX Composite Index closed up 97.33 points, or 0.46 per cent, at 21,119.21.

In New York, the Dow Jones Industrial Average was up 369.54 points at 38,519.84. The S&P 500 Index was up 60.54 points at 4,906.19, while the Nasdaq Composite was up 197.63 points at 15,361.64.

The Canadian dollar traded for 74.60 cents U.S. compared with 74.64 cents U.S. on Wednesday.

The March crude contract was down US$2.03 at US$73.82 per barrel and the March natural gas contract was down five cents at US$2.05 per mm/BTU.

The April gold contract was up US$3.70 at US$2,071.10 an ounce and the March copper contract was down five cents at US$3.85 a pound.

This report by The Canadian Press was first published Feb. 1, 2024.