S&P/TSX composite up more than 1%, U.S. stock markets also rise
Written by The Canadian Press on September 12, 2024
TORONTO — Canada’s main stock index gained more than one per cent Thursday on the back of the base metal, energy and industrial sectors, while U.S. markets also rose.
The S&P/TSX composite index closed up 263.97 points at 23,475.14.
In New York, the Dow Jones industrial average was up 235.06 points at 41,096.77. The S&P 500 index was up 41.63 points at 5,595.76, while the Nasdaq composite was up 174.14 points at 17,569.68.
The Canadian dollar traded for 73.58 cents US compared with 73.59 cents US on Wednesday.
The October crude oil contract was up US$1.66 at US$68.97 per barrel and the October natural gas contract was up nine cents at US$2.36 per mmBTU.
The December gold contract was up US$38.20 at US$2,580.60 an ounce and the December copper contract was up six cents at US$4.20 a pound.
This report by The Canadian Press was first published Sept. 12, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press