A currency trader passes by the screens showing the Korea Composite Stock Price Index (KOSPI), center, and the foreign exchange rate between U.S. dollar and South Korean won, right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Dec. 7, 2023. Shares fell Thursday in Asia after a retreat on Wall Street as crude oil prices slipped on expectations that supply might outpace demand. THE CANADIAN PRESS/AP-Ahn Young-joon
TORONTO – Canada’s main stock index eked out a gain Thursday as base metals helped offset weakness in energy, while U.S. markets rose.
The S&P/TSX composite index closed up 4.30 points at 20,278.51.
In New York, the Dow Jones industrial average was up 62.95 points at 36,117.38.The S&P 500 index was up 36.25 points at 4,585.59, while the Nasdaq composite was up 193.28 points at 14,339.99.
The Canadian dollar traded for 73.55 cents US compared with 73.67 cents US on Wednesday.
The January crude oil contract was down four cents at US$69.34 per barrel and the January natural gas contract was up two cents at US$2.59 per mmBTU.
The February gold contract was down US$1.50 at US$2,046.40 an ounceand the March copper contract was up six cents at US$3.80 a pound.
This report by The Canadian Press was first published Dec. 7, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
