TORONTO — Energy and base metals stocks led Canada’s main stock index higher on the first trading day of 2025, while U.S. stock markets started the year in the red.
The S&P/TSX composite index was up 170.09 points at 24,898.03.
In New York, the Dow Jones industrial average was down 151.95 points at 42,392.27. The S&P 500 index was down 13.08 points at 5,868.55, while the Nasdaq composite was down 30 points at 19,280.79.
The Canadian dollar traded for 69.36 cents US compared with 69.50 cents US on Tuesday.
The February crude oil contract was up US$1.41 at US$73.13 per barrel and the February natural gas contract was up three cents at US$3.66 per mmBTU.
The February gold contract was up US$28 at US$2,669 an ounce and the March copper contract was unchanged at US$4.03 a pound.
This report by The Canadian Press was first published Jan. 2, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press