S&P/TSX composite rises Monday, U.S. stock markets also trade higher
Written by The Canadian Press on November 11, 2024
TORONTO — Canada’s main stock index moved higher Monday, as strength in technology and financial stocks helped outweigh weakness in other parts of the market, while U.S. markets also rose.
The S&P/TSX composite index closed up 29.88 points at 24,789.28.
In New York, the Dow Jones industrial average was up 304.14 points at 44,293.13. The S&P 500 index was up 5.81 points at 6,001.35, while the Nasdaq composite was up 11.99 points at 19,298.76.
The Canadian dollar traded for 71.82 cents US, according to XE.com, compared with 71.88 cents US on Friday.
The December crude oil contract was down US$2.34 at US$68.04 per barrel and the December natural gas contract was up 25 cents at US$2.92 per mmBTU.
The December gold contract was down US$77.10 at US$2,617.70 an ounce and the December copper contract was down eight cents at US$4.23 a pound.
This report by The Canadian Press was first published Nov. 11, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press