December 13th, 2024

S&P/TSX composite gains more than 200 points Friday, U.S. stock markets also rise

By The Canadian Press on December 1, 2023.

The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, Nov.11, 2022. THE CANADIAN PRESS/ Tijana Martin

TORONTO – Canada’s main stock index gained more than 200 points Friday on broad-based strength led by base metals, industrials and telecom stocks, while U.S. markets also rose.

The S&P/TSX composite index closed up 216.58 points at 20,452.87.

In New York, the Dow Jones industrial average was up 294.61 points at 36,245.50.The S&P 500 index was up 26.83 points at 4,594.63,while the Nasdaq composite was up 78.81 points at 14,305.03.

The Canadian dollar traded for 74.04 cents US compared with 73.63 cents US on Thursday.

The January crude oil contract was down US$1.89 at US$74.07 per barrel and the January natural gas contract was up one cent at US$2.81 per mmBTU.

The February gold contract was up US$32.50 at US$2,089.70 an ounceand the March copper contract was up eight cents at US$3.93 a pound.

This report by The Canadian Press was first published Dec. 1, 2023.

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

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