S&P/TSX composite posts gain Wednesday, U.S. stock markets also rise
By The Canadian Press on October 11, 2023.
TORONTO – Strength in the utilities, telecommunications and financial sectors helped lift Canada’s main stock index higher Wednesday, while U.S. stock markets also rose. The S&P/TSX composite index closed up 162.64 points at 19,663.84. In New York, the Dow Jones industrial average was up 65.57 points at 33,804.87. The S&P 500 index was up 18.71 points at 4,376.95,while the Nasdaq composite was up 96.83 points at 13,659.68. The Canadian dollar traded for 73.51 cents US compared with 73.58 cents US on Tuesday. The November crude oil contract was down US$2.48 at US$83.49 per barrel and the November natural gas contract was down half a penny at US$3.38 per mmBTU. The December gold contract was up US$12.00 at US$1,887.30 an ounce and the December copper contract was down two cents at US$3.61 a pound. This report by The Canadian Press was first published Oct. 11, 2023. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) 9-8
