People walk past the TMX in Toronto on Wednesday, Nov. 1, 2023. THE CANADIAN PRESS/Chris Young
TORONTO – Strength in battery metal and technology stocks helped outweigh softness in energy, lifting Canada’s main stock index on Wednesday, while U.S. stock markets also rose.
The S&P/TSX composite index closed up 34.16 points at 20,057.89 after gaining more than 300 points on Tuesday.
In New York, the Dow Jones industrial average was up 163.51 points at 34,991.21. The S&P 500 index was up 7.18 points at 4,502.88, while the Nasdaq composite was up 9.45 points at 14,103.84.
The Canadian dollar traded for 73.13 cents US compared with 72.86 cents US on Tuesday.
The December crude oil contract was down US$1.60 at US$76.66 per barrel and the December natural gas contract was up eight cents at US$3.19 per mmBTU.
The December gold contract was down US$2.20 at US$1,964.30 an ounce and the December copper contract was up four cents at US$3.72 a pound.
This report by The Canadian Press was first published Nov. 15, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
