Sunday, December 22, 2024

S&P/TSX composite up as base metal and energy stocks rise, U.S. stock markets down

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TORONTO — Strength in base metal and energy stocks helped lift Canada’s main stock index in late-morning trading, while U.S. stock markets moved lower.

The S&P/TSX composite index was up 71.81 points at 25,763.61.

In New York, the Dow Jones industrial average was down 67.97 points at 44,574.55. The S&P 500 index was down 23.74 points at 6,066.53, while the Nasdaq composite was down 90.03 points at 19,769.74.

The Canadian dollar traded for 70.82 cents US compared with 70.74 cents US on Friday.

The January crude oil contract was up US$1.48 at US$68.68 per barrel and the January natural gas contract was up 11 cents at US$3.18 per mmBTU.

The February gold contract was up US$31.70 at US$2,691.30 an ounce and the March copper contract was up nine cents at US$4.28 a pound.

This report by The Canadian Press was first published Dec. 9, 2024.

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

The Canadian Press

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