December 11th, 2024

S&P/TSX composite posts small gain boosted by energy, while U.S. markets rally

By The Canadian Press on November 10, 2023.

A signboard is displayed at the TMX in Toronto, Wednesday, Nov. 1, 2023. THE CANADIAN PRESS/Chris Young

TORONTO – Canada’s main stock index rose to make a small gain Friday, buoyed by strength in energy stocks, while U.S. markets rallied to end the week, led by a two-per-cent gain on the Nasdaq.

The S&P/TSX composite index closed up 67.06 points at 19,654.47.

In New York, the Dow Jones industrial average was up 391.16 points at 34,283.10. The S&P 500 index was up 67.89 points at 4,415.24, while the Nasdaq composite was up 276.66 points at 13,798.11.

The Canadian dollar traded for 72.36 cents UScompared with 72.56 cents US on Thursday.

The December crude oil contract was up US$1.43 at US$77.17 per barrel and the December natural gas contract was down almost a penny at US$3.03 per mmBTU.

The December gold contract was down US$32.10 at US$1,937.70 an ounceand the December copper contract was down five cents at US$3.59 a pound.

This report by The Canadian Press was first published Nov. 10, 2023.

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

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