February 23rd, 2024

S&P/TSX composite up more than 200 points Tuesday, U.S. stock markets also climb

By The Canadian Press on December 19, 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 rose by more than 200 points on Tuesday as gains in base metal and financial stocks helped lead a broad-based rally, while U.S. stock markets also climbed.

The S&P/TSX composite index was up 216.92 points at 20,839.63.

In New York, the Dow Jones industrial average was up 251.90 points at 37,557.92. The S&P 500 index was up 27.81 points at 4,768.37, while the Nasdaq composite was up 98.03 points at 15,003.22.

The Canadian dollar traded for 74.94 cents US compared with 74.70 cents US on Monday.

The February crude contract was up US$1.12 at US$73.94 per barrel and the January natural gas contract was down a penny at US$2.49 per mmBTU.

The February gold contract was up US$11.60 at US$2,052.10 an ounce and the March copper contract was up almost five cents at US$3.90 a pound.

This report by The Canadian Press was first published Dec. 19, 2023.

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

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