S&P/TSX composite up more than 60 points, U.S. stock markets also higher
Written by The Canadian Press on August 19, 2024
TORONTO — Canada’s main stock index climbed on Monday, helped by a boost in the financial and industrial sectors, while U.S. stock markets also gained.
The S&P/TSX composite index rose 61.78 points to 23,116.39.
In New York, the Dow Jones industrial average leaped 236.77 points to 40,896.53. The S&P 500 index increased 54.00 points to 5,608.25, while the Nasdaq composite jumped 245.05 points to 17,876.77.
The Canadian dollar traded for 73.25 cents US compared with 72.96 cents US on Friday.
The October crude oil contract was down US$1.88 at US$73.66 per barrel and the September natural gas contract was up 12 cents at US$2.24 per mmBTU.
The December gold contract was up US$3.50 at US$2,541.30 an ounce and the September copper contract was up four cents at US$4.18 a pound.
This report by The Canadian Press was first published Aug. 19, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press