October 18th, 2024

S&P/TSX composite posts small gain Friday after morning losses, U.S. markets also up

By The Canadian Press on March 24, 2023.

Canadian dollar coins are displayed in Montreal, Friday, January 30, 2015. THE CANADIAN PRESS/Paul Chiasson

TORONTO – Markets in the U.S. and Canada posted small gains Friday after recovering from losses to start the day, marking the end of the second week of volatile trading over concerns about the banking sector and high interest rates.

The S&P/TSX composite index was up 41.57 points at 19,501.49.

In New York, the Dow Jones industrial average was up 132.28 points at 32,237.53.The S&P 500 index was up 22.27 points at 3,970.99,while the Nasdaq composite was up 36.56 points at 11,823.96.

The Canadian dollar traded for 72.66 cents UScompared with 73.15 cents US on Thursday.

The May crude contract was down 70 cents at US$69.26 per barrel and the May natural gas contract was up eight cents at US$2.36 per mmBTU.

The April gold contract was down US$12.10 at US$1,983.80 an ounce and the May copper contract was down five cents at US$4.08 a pound.

This report by The Canadian Press was first published March 24, 2023.

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

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