October 17th, 2024

S&P/TSX composite index up over 100 points Friday morning, U.S. markets also rise

By The Canadian Press on July 26, 2024.

A group of men walk past the Toronto-Dominion Centre on Wellington Street in the financial district in Toronto on Wednesday, Sept. 29, 2021. THE CANADIAN PRESS/Evan Buhler

TORONTO – Gains in the industrial and financial sectors led Canada’s main stock index higher in late-morning trading on Friday, while U.S. stock markets also rose.

The S&P/TSX composite index was up 126.79 points at 22,734.82.

In New York, the Dow Jones industrial average was up 593.17 points at 40,528.24. The S&P 500 index was up 48.77 points at 5,447.99, while the Nasdaq composite was up 114.43 points at 17,296.15.

The Canadian dollar traded for 72.24 cents US compared with 72.36 cents US on Thursday.

The September crude oil contract was down US$1.48 at US$76.80 per barrel and the September natural gas contract was down less than a penny at US$2.07 per mmBTU.

The August gold contract was up US$27.90 at US$2381.40 an ounce and the September copper contract was up less than a penny at US$4.13 a pound.

This report by The Canadian Press was first published July 26, 2024.

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

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