S&P/TSX composite up more than 200 points, U.S. stock markets also rise
Written by The Canadian Press on September 11, 2024
TORONTO — Canada’s main stock index gained almost one per cent Wednesday, led by gains in base metals, industrials and technology stocks, while U.S. markets rallied to reverse the selloff that started the day.
The S&P/TSX composite index closed up 208.08 points at 23,211.17.
In New York, the Dow Jones industrial average was up 124.75 points at 40,861.71. The S&P 500 index was up 58.61 points at 5,554.13, while the Nasdaq composite was up 369.65 points at 17,395.53.
The Canadian dollar traded for 73.59 cents US compared with 73.53 cents US on Tuesday.
The October crude oil contract was up US$1.56 at US$67.31 per barrel and the October natural gas contract was up four cents at US$2.27 per mmBTU.
The December gold contract was down 70 cents at US$2,542.40 an ounce and the December copper contract was up four cents at US$4.14 a pound.
This report by The Canadian Press was first published Sept. 11, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press