S&P/TSX composite up in late-morning trading, U.S. stock markets also higher
Written by The Canadian Press on August 21, 2024
TORONTO — Canada’s main stock index was up in late-morning trading, helped by strength in base metal and energy stocks, while U.S. stock markets also climbed higher.
The S&P/TSX composite index was up 72.49 points at 23,109.93.
In New York, the Dow Jones industrial average was up 13.01 points at 40,847.98. The S&P 500 index was up 14.14 points at 5,611.26, while the Nasdaq composite was up 49.59 points at 17,866.53.
The Canadian dollar traded for 73.55 cents US compared with 73.38 cents US on Tuesday.
The October crude oil contract was up 24 cents at US$73.41 per barrel and the September natural gas contract was down six cents at US$2.14 per mmBTU.
The December gold contract was down US$8.50 at US$2,542.10 an ounce and the September copper contract was up two cents at US$4.18 a pound.
This report by The Canadian Press was first published Aug. 21, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press