December 12th, 2024

S&P/TSX composite gains more than 100 points, U.S. stock markets also rise

By The Canadian Press on February 29, 2024.

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 – Canada’s main stock index gained more than 100 points Thursday, boosted by gains in energy stocks, while U.S. markets also rose.

The S&P/TSX composite index closed up 119.84 points at 21,363.61.

In New York, the Dow Jones industrial average was up 47.37 points at 38,996.39. The S&P 500 index was up 26.51 points at 5,096.27,while the Nasdaq composite was up 144.18 points at 16,091.92.

The Canadian dollar traded for 73.69 cents US compared with 73.67 cents US on Wednesday.

The April crude contract was down 28 cents at US$78.26 per barreland the April natural gas contract was down three cents at US$1.86 per mmBTU.

The April gold contract was up US$12.00 at US$2,054.70 an ounceand the May copper contract was up one cent at US$3.85 a pound.

This report by The Canadian Press was first published Feb. 29, 2024.

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

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