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S&P/TSX composite up Friday, U.S. stock markets also rise to end volatile week

Written by on August 9, 2024

TORONTO — Canada’s main stock index moved higher Friday, helped by gains in base metal stocks, while U.S. stock markets also rose moderately, marking the end of a volatile trading week.

The S&P/TSX composite index closed up 85.69 points at 22,311.30.

In New York, the Dow Jones industrial average was up 51.05 points at 39,497.54. The S&P 500 index was up 24.85 points at 5,344.16, while the Nasdaq composite was up 85.28 points at 16,745.30.

The Canadian dollar traded for 72.82 cents US compared with 72.76 cents US on Thursday.

The September crude oil contract was up 65 cents at US$76.84 per barrel and the September natural gas contract was up a penny at US$2.14 per mmBTU.

The December gold contract was up US$10.10 at US$2,473.40 an ounce and the September copper contract was up three cents at US$3.99 a pound.

This report by The Canadian Press was first published Aug. 9, 2024.

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

The Canadian Press