February 22nd, 2024

S&P/TSX composite closes with gains of more than 100 points; U.S. markets also up

By The Canadian Press on December 27, 2023.

Gains in the energy sectors helped lead Canada's main stock index higher in late-morning trading, while U.S. stock markets were mixed. A signboard is displayed at the TMX in Toronto, Wednesday, Nov. 1, 2023. THE CANADIAN PRESS/Chris Young

TORONTO – Canada’s main stock index closed higher on its first day of trading after Christmas, while U.S. stock markets were also up after wavering earlier in the day.

The S&P/TSX composite index was up 134.72 points at 21,015.91.

In New York, the Dow Jones industrial average was up 111.19 points at 37,656.52. The S&P 500 index was up 6.83 points at 4,781.58, while the Nasdaq composite was also 24.60 points at 15,099.18.

The Canadian dollar traded for 75.73 cents US compared with 75.43 cents US on Friday.

The February crude oil contract was down US$1.46 at US$74.11 per barrel and the February natural gas contract was up 18 cents US at US$2.44 per mmBTU.

The February gold contract was up US$23.30 at US$2,093.10 an ounce and the March copper contract was up half a cent at US$3.96 a pound.

This report by The Canadian Press was first published Dec. 27, 2023.

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

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