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S&P/TSX composite up as gold, oil climb; U.S. stocks mixed

Written by on November 18, 2024

TORONTO — Canada’s main stock index climbed Monday as the price of oil and gold both strengthened and investors continued to digest the market implications of another Donald Trump presidency.

The S&P/TSX composite index was up 86.26 points at 24,976.94.

In New York, the Dow Jones industrial average was down 55.39 points at 43,389.60. The S&P 500 index was up 23 points at 5,893.62, while the Nasdaq composite was up 111.69 points at 18,791.81.

The Canadian dollar traded for 71.21 cents US compared with 71.03 cents US on Friday.

The January crude oil contract was up US$2.14 at US$69.16 per barrel and the December natural gas contract was up 15 cents at US$2.97 per mmBTU.

The December gold contract was up US$44.50 at US$2,614.60 an ounce and the December copper contract was up six cents at US$4.12 a pound.

This report by The Canadian Press was first published Nov. 18, 2024.

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

The Canadian Press