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S&P/TSX composite flat Monday, U.S. markets down ahead of election day

Written by on November 4, 2024

TORONTO — Canada’s main stock index was essentially flat Monday as losses in telecom stocks offset gains in energy, while U.S. markets were down ahead of Tuesday’s election.

The S&P/TSX composite index closed up 0.90 points at 24,256.06.

In New York, the Dow Jones industrial average was down 257.59 points at 41,794.60. The S&P 500 index was down 16.11 points at 5,712.69, while the Nasdaq composite was down 59.93 points at 18,179.98.

The Canadian dollar traded for 71.97 cents US compared with 71.78 cents US on Friday.

The December crude oil contract was up US$1.98 at US$71.47 per barrel and the December natural gas contract was up 12 cents at US$2.78 per mmBTU.

The December gold contract was down US$3.00 at US$2,746.20 an ounce and the December copper contract was up six cents at US$4.43 a pound.

This report by The Canadian Press was first published Nov. 4, 2024.

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

The Canadian Press