November 27th, 2024

S&P/TSX composite up nearly 100 points, U.S. stock markets trade lower

By The Canadian Press on December 1, 2022.

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

TORONTO – Canada’s main stock index was up nearly 100 points in late-morning trading, as strength in the technology sector help lead the market higher, while U.S. stock markets were down.

The S&P/TSX composite index was up 97.85 points at 20,551.11.

In New York, the Dow Jones industrial average was down 311.98 points at 34,277.79. The S&P 500 index was down 12.19 points at 4,067.92, while the Nasdaq composite was down 18.75 points at 11,449.25.

The Canadian dollar traded for 74.48 cents US compared with 74.03 cents US on Wednesday.

The January crude contract was up US$2.05 at US$82.60 per barrel and the January natural gas contract was down three cents at US$6.90 per mmBTU.

The February gold contract was up US$52.60 at US$1,812.50 an ounce and the March copper contract was up six cents at US$3.79 a pound.

This report by The Canadian Press was first published Dec. 1, 2022.

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

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