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Energy stocks help lift S&P/TSX composite, U.S. stock markets mixed

Written by on September 27, 2024

TORONTO — Strength in energy stocks helped Canada’s main stock index climb higher in late-morning trading, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 16.72 points at 24,050.55.

In New York, the Dow Jones industrial average was up 424.66 points at 42,599.77. The S&P 500 index was up 7.89 points at 5,753.26, while the Nasdaq composite was down 43.50 points at 18,146.79.

The Canadian dollar traded for 74.12 cents US compared with 74.22 cents US on Thursday.

The November crude oil contract was up 21 cents at US$67.88 per barrel and the November natural gas contract was up 14 cents at US$2.89 per mmBTU.

The December gold contract was down US$26.80 at US$2,668.10 an ounce and the December copper contract was down a penny at US$4.63 a pound.

This report by The Canadian Press was first published Sept. 27, 2024.

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

The Canadian Press