S&P/TSX composite closes lower to end week down, U.S. stock markets mixed
Written by The Canadian Press on October 25, 2024
TORONTO — Canada’s main stock index closed lower on the day and the week Friday, while U.S. stock markets ended with mixed results despite widespread gains early in the day.
The S&P/TSX composite index closed down 87.88 points at 24,463.67, weighed down by financials and telecoms.
In New York, the Dow Jones industrial average closed down 259.96 points at 42,114.40. The S&P 500 index was down 1.74 points at 5,808.12, while the Nasdaq composite was up 103.12 points at 18,518.61.
The Canadian dollar traded for 72.09 cents US compared with 72.23 cents US on Thursday.
The December crude oil contract closed up US$1.59 at US$71.78 per barrel and the December natural gas contract was up seven cents at US$3.09 per mmBTU.
The December gold contract was up US$5.70 at US$2,754.60 an ounce and the December copper contract was up two cents at US$4.37 a pound.
This report by The Canadian Press was first published Oct. 25, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press