S&P/TSX composite up more than 100 points, U.S. markets also rise to end the week
Written by The Canadian Press on October 18, 2024
TORONTO — Canada’s main stock index posted another day of steady gains Friday as strength in base metals outweighed weakness in energy and industrial stocks, while U.S. markets also rose.
The S&P/TSX composite index gained 132.06 points at 24,822.54.
In New York, the Dow Jones industrial average was up 36.86 points at 43,275.91. The S&P 500 index was up 23.20 points at 5,864.67, while the Nasdaq composite was up 115.94 points at 18,489.55.
The Canadian dollar traded for 72.45 cents US compared with 72.52 cents US on Thursday.
The December crude oil contract was down US$1.40 at US$68.69 per barrel and the November natural gas contract was down nine cents at US$2.26 per mmBTU.
The December gold contract was up US$22.50 at US$2,730 an ounce and the December copper contract was up five cents at US$4.38 a pound.
This report by The Canadian Press was first published Oct. 18, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press