December 12th, 2024

S&P/TSX composite up more than 150 points Thursday, U.S. stock markets also higher

By The Canadian Press on December 21, 2023.

The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, November 11, 2022. THE CANADIAN PRESS/ Tijana Martin

TORONTO – Strength in base metal and utilities stocks helped Canada’s main stock index rise more than 150 points on Thursday, while U.S. stock markets also climbed higher.

The S&P/TSX composite index closed up 164.92 points at 20,765.73.

In New York, the Dow Jones industrial average was up 322.35 points at 37,404.35. The S&P 500 index was up 48.40 points at 4,746.75,while the Nasdaq composite was up 185.92 points at 14,963.87.

The Canadian dollar traded for 75.13 cents UScompared with 75.01 cents US on Wednesday.

The February crude oil contract was down 33 cents at US$73.89 per barrel and the February natural gas contract was up 11 cents at US$2.46 per mmBTU.

The February gold contract was up US$3.60 at US$2,051.30 an ounce andthe March copper contract was up a penny at US$3.92 a pound.

This report by The Canadian Press was first published Dec. 21, 2023.

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

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