Friday, November 22, 2024

Tech stocks help lift S&P/TSX composite higher, U.S. stock markets also up

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TORONTO — Canada’s main stock index was up in late-morning trading on strength in the technology sector, while U.S. stock markets also climbed higher. The S&P/TSX composite index was up 21.17 points at 24,944.18.

TORONTO — Canada’s main stock index was up in late-morning trading on strength in the technology sector, while U.S. stock markets also climbed higher.

The S&P/TSX composite index was up 21.17 points at 24,944.18.

In New York, the Dow Jones industrial average was up 174.00 points at 44,084.98. The S&P 500 index was up 12.41 points at 5,996.40, while the Nasdaq composite was up 2.30 points at 19,283.70.

The Canadian dollar traded for 71.56 cents US compared with 71.72 cents US on Tuesday.

The December crude oil contract was up 19 cents at US$68.31 per barrel and the December natural gas contract was up a penny at US$2.92 per mmBTU.

The December gold contract was up US$2.20 at US$2,608.50 an ounce and the December copper contract was down three cents at US$4.11 a pound.

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

The Canadian Press

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