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S&P/TSX composite index up almost 200 points Monday, U.S. markets also rise

Written by on July 22, 2024

TORONTO — Gains in the financial, industrial and utilities sectors led Canada’s main stock index higher on Monday, while U.S. stock markets also rose.

The S&P/TSX composite index closed up 182.26 points at 22,872.65.

In New York, the Dow Jones industrial average was up 127.91 points at 40,415.44. The S&P 500 index was up 59.41 points at 5,564.41, while the Nasdaq composite was up 280.63 points at 18,007.57.

The Canadian dollar traded for 72.70 cents US compared with 72.85 cents US on Friday.

The September crude oil contract was down 24 cents at US$78.40 per barrel and the August natural gas contract was up 12 cents at US$2.25 per mmBTU.

The August gold contract was down US$4.40 at US$2,394.70 an ounce and the September copper contract was down four cents at US$4.20 a pound.

This report by The Canadian Press was first published July 22, 2024.

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

The Canadian Press