Sunday, December 22, 2024

S&P/TSX composite up more than 100 points, U.S. stock markets also higher

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TORONTO — Strength in the base metal and technology sectors helped lift Canada’s main stock index more than 100 points in late-morning trading, while U.S. stock markets also climbed higher.

The S&P/TSX composite index was up 115.90 points at 23,591.04.

In New York, the Dow Jones industrial average was up 286.83 points at 41,383.60. The S&P 500 index was up 27.64 points at 5,623.40, while the Nasdaq composite was up 118.14 points at 17,687.82.

The Canadian dollar traded for 73.63 cents US compared with 73.58 cents US on Thursday.

The October crude oil contract was up 74 cents at US$69.71 per barrel and the October natural gas contract was down a penny at US$2.35 per mmBTU.

The December gold contract was up US$22.50 at US$2,603.10 an ounce and the December copper contract was up three cents US$4.22 a pound.

This report by The Canadian Press was first published Sept. 13, 2024.

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

The Canadian Press

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