The Canadian dollar coin is pictured in North Vancouver, B.C., Wednesday, May 29, 2019. THE CANADIAN PRESS/Jonathan Hayward
TORONTO – Gains in the energy, financial and base metal sectors helped Canada’s main stock index post a small gain Tuesday as the loonie crested 75 cents US, while U.S. markets also rose modestly the day before a highly anticipated interest rate announcement from the Federal Reserve.
The S&P/TSX composite index closed up 69.09 points at 19,990.40.
In New York, the Dow Jones industrial average was up 145.79 points at 34,212.12. The S&P 500 index was up 30.08 points at 4,369.01, while the Nasdaq composite was up 111.40 points at 13,573.32.
The Canadian dollar traded for 75.13 cents US compared with 74.82 cents US on Monday.
The July crude contract was up US$2.30 at US$69.42 per barreland the July natural gas contract was up seven cents at US$2.34 per mmBTU.
The August gold contract was down US$11.10 at US$1,958.60 an ounce and the July copper contract was up eight cents at US$3.83 a pound.
This report by The Canadian Press was first published June 13, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
