S&P/TSX composite edges higher despite energy weakness, U.S. stock markets rise

By The Canadian Press on November 22, 2023.

TORONTO – Canada’s main stock index eked out a gain on Wednesday as losses in the energy sector weighed on the index, while U.S. markets rose.

The S&P/TSX composite index closed up 3.99 points at 20,113.96.

In New York, the Dow Jones industrial average was up 184.74 points at 35,273.03. The S&P 500 index was up 18.43 points at 4,556.62,while the Nasdaq composite was up 65.88 points at 14,265.86.

The Canadian dollar traded for 72.87 cents UScompared with 73.00 cents US on Tuesday.

The January crude oil contract was down 67 cents at US$77.10 per barrel and the January natural gas contract was up four cents at US$3.03 per mmBTU.

The December gold contract was down US$8.80 at US$1,992.80 an ounce and the December copper contract was down five cents at US$3.76 a pound.

This report by The Canadian Press was first published Nov. 22, 2023.

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

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