S&P/TSX composite rises, U.S. markets mixed as Nasdaq falls 1.4 per cent
Written by The Canadian Press on February 25, 2025
TORONTO — Canada’s main stock index rose Tuesday, with strength in financial, industrial and utilities stocks outweighing weakness in energy, while U.S. markets were mixed and the Nasdaq fell 1.4 per cent.
The S&P/TSX composite index closed up 52.72 points at 25,203.98.
In New York, the Dow Jones industrial average was up 159.95 points at 43,621.16. The S&P 500 index was down 28.00 points at 5,955.25, while the Nasdaq composite was down 260.54 points at 19,026.39.
The Canadian dollar traded for 69.99 cents US compared with 70.30 cents US on Monday.
The April crude oil contract was down US$1.77 at US$68.93 per barrel and the April natural gas contract was up 15 cents at US$4.13 per mmBTU.
The April gold contract was down US$44.40 at US$2,918.80 an ounce and the May copper contract was down three cents at US$4.53 a pound.
This report by The Canadian Press was first published Feb. 25, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press