December 11th, 2024

Energy stocks help S&P/TSX composite eke out gain, U.S. markets rise

By The Canadian Press on November 28, 2023.

The exterior of the TMX is seen in Toronto, Wednesday, Nov. 1, 2023. THE CANADIAN PRESS/Chris Young

TORONTO – Canada’s main stock index eked out a gain Tuesday as strength in energy and base metals helped offset softness across the rest of the market, while U.S. markets also rose.

The S&P/TSX composite index closed up 4.11 points at 20,036.77.

In New York, the Dow Jones industrial average was up 83.51 points at 35,416.98. The S&P 500 index was up 4.46 points at 4,554.89,while the Nasdaq composite was up 40.73 points at 14,281.76.

The Canadian dollar traded for 73.63 cents US compared with 73.34 cents US on Monday.

The January crude oil contract was up US$1.55 at US$76.41 per barreland the January natural gas contract was down 11 cents at US$2.84 per mmBTU.

The February gold contract was up US$27.20 at US$2,060.20 an ounce and the March copper contract was up four cents at US$3.84 a pound.

This report by The Canadian Press was first published Nov. 28, 2023.

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

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