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

Written by on November 13, 2024

TORONTO — Canada’s main stock index climbed higher Wednesday, led by strength in technology stocks, while U.S. markets were mixed, hovering around recent highs reached in the wake of the presidential election.

The S&P/TSX composite index closed up 66.01 points at 24,989.02.

In New York, the Dow Jones industrial average was up 47.21 points at 43,958.19. The S&P 500 index was up 1.39 points at 5,985.38, while the Nasdaq composite was down 50.66 points at 19,230.74.

The Canadian dollar traded for 71.53 cents US compared with 71.72 cents US on Tuesday.

The December crude oil contract was up 31 cents at US$68.43 per barrel and the December natural gas contract was up seven cents at US$2.98 per mmBTU.

The December gold contract was down US$19.80 at US$2,586.50 an ounce and the December copper contract was down six cents at US$4.08 a pound.

This report by The Canadian Press was first published Nov. 13, 2024.

The Canadian Press