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S&P/TSX composite index slightly up Wednesday, U.S. stock markets also rise

Written by on December 4, 2024

TORONTO — Canada’s main stock index edged higher in trading on Wednesday, helped by strength in the technology sector, while U.S. stock markets also rose.

The S&P/TSX composite index was up 5.45 points at 25,641.18.

In New York, the Dow Jones industrial average was up 308.51 points at 45,014.04. The S&P 500 index was up 36.61 points at 6,086.49, while the Nasdaq composite was up 254.21 points at 19,735.12.

The Canadian dollar traded for 71.09 cents US compared with 71.14 cents US on Tuesday.

The January crude oil contract was down US$1.40 at US$68.54 per barrel and the January natural gas contract was up less than a penny at US$3.04 per mmBTU.

The February gold contract was up US$8.30 at US$2,676.20 an ounce and the March copper contract was down less than a penny at US$4.20 a pound.

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

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

The Canadian Press