Investors set aside concerns over looming interest-rate hikes Thursday and instead looked toward the prospects of strong second-quarter earnings, resulting in gains on all North American markets.

Toronto’s S&P TSX climbed 28.37 to 8,345.49 on a volume of 207,636.00. The largest gain was made by energy stocks, which added 1.66%; information technology stocks were up 0.75% and gold issues added 0.74%. Financial stocks also fared well, gaining 0.04%.

The S&P Canadian Venture Exchange added 3.62, climbing to 1,552.94.

U.S. stocks rose, making small gains at the end of a four-day trading week. The market is closed on Friday for the funeral of former president Ronald Reagan.

The Dow Jones industrial average closed up 41.66 points or 0.40% at 10,410.10. The broader Standard & Poor’s 500 index ended up 5.14 points or 0.45% at 1,136.47. The Nasdaq Composite index rose 9.26 points or 0.47% to finish at 1,999.87.

For the week, the Dow climbed 1.6%, the S&P 500 advanced 1.2% and the Nasdaq rose 1%.

The Canadian dollar lost 0.09 of a cent at US73.53¢ after dropping more than half a U.S. cent Wednesday .