December 13th, 2024

S&P/TSX composite up on broad strength Wednesday, U.S. markets also rise

By The Canadian Press on July 19, 2023.

A worker sweeps in front of an electronic stock board showing U.S. dollar/Japanese yen exchange rate at a securities firm Wednesday, July 19, 2023, in Tokyo. THE CANADIAN PRESS/AP-Eugene Hoshiko

TORONTO – Broad-based strength among Canadian equities led by battery metals helped lift Canada’s main stock index Wednesday, while U.S. markets also rose.

The S&P/TSX composite index was up 114.60 points at 20,491.17.

In New York, the Dow Jones industrial average was up 109.28 points at 35,061.21.The S&P 500 index was up 10.74 points at 4,565.72,while the Nasdaq composite was up 4.38 points at 14,358.02.

The Canadian dollar traded for 75.93 cents US, compared with 75.82 cents US on Tuesday.

The September crude oil contract was down 37 cents at US$75.29 per barrel and the August natural gas contract was down three cents at US$2.60 per mmBTU.

The August gold contract was unchanged at US$1,980.80 an ounceand the September copper contract was down two cents at US$3.81 a pound.

This report by The Canadian Press was first published July 19, 2023.

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

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