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S&P/TSX composite ekes out gain Tuesday, U.S. stock markets climb higher

Written by on May 21, 2024

TORONTO — Canada’s main stock index eked out a gain Tuesday, while U.S. markets also rose. 

The S&P/TSX composite index closed up 2.79 points at 22,468.16.

In New York, the Dow Jones industrial average was up 66.22 points at 39,872.99. The S&P 500 index was up 13.28 points at 5,321.41,while the Nasdaq composite was up 37.75 points at 16,832.63.

The Canadian dollar traded for 73.27 cents UScompared with 73.45 cents US on Friday.

The June crude oil contract was down 54 cents at US$79.26 per barrel and the June natural gas contract was down eight cents at US$2.67 per 1,000 cubic feet.

The June gold contract was down US$12.60 at US$2,425.90 an ounce and the July copper contract was up three cents at US$5.11 a pound.

This report by The Canadian Press was first published May 21, 2024.

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

The Canadian Press