TORONTOCanada's main stock index closed higher for a fourth-straight day despite a big drop by Shopify Inc. and the tech sector.

The S&P/TSX composite index closed up 42.44 points to 21,362.36.

In New York, the Dow Jones industrial average was up 224.09 points at 35,629.33. The S&P 500 index was up 42.84 points at 4,589.38, while the Nasdaq composite was up 71.55 points at 14,417.55.

The Canadian dollar traded for 78.88 cents US compared with 78.78 cents US on Tuesday.

The March crude oil contract was up six cents at US$88.26 per barrel and the March natural gas contract was up 75 cents at US$5.50 per mmBTU.

The April gold contract was up US$8.80 at US$1,810.30 an ounce and the March copper contract was up 6.2 cents at US$4.50 a pound.

This report by The Canadian Press was first published Feb. 2, 2022.

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

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