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Tech stocks help lift S&P/TSX composite Friday, U.S. stock markets mixed

Written by on December 6, 2024

TORONTO — Canada’s main stock index eked out a gain Friday as gains in tech stocks helped outweigh losses in energy, while U.S. markets were mixed.

The S&P/TSX composite index closed up 11.76 points at 25,691.80.

In New York, the Dow Jones industrial average was down 123.19 points at 44,642.52. The S&P 500 index was up 15.16 points at 6,090.27, while the Nasdaq composite was up 159.05 points at 19,859.77.

The Canadian dollar traded for 70.74 cents US compared with 71.24 cents US on Thursday.

The January crude oil contract was down US$1.10 at US$67.20 per barrel and the January natural gas contract was essentially unchanged at US$3.08 per mmBTU.

The February gold contract was up US$11.20 at US$2,659.60 an ounce and the March copper contract was up a penny at US$4.20 a pound.

This report by The Canadian Press was first published Dec. 6, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press