July 23rd, 2024

S&P/TSX composite posts small gain while U.S. stock markets rise, led by Nasdaq

By The Canadian Press on January 18, 2024.

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

TORONTO – Strength in industrial stocks helped Canada’s main stock index post a small gain Thursday, while U.S. markets rose, more than reclaiming Wednesday’s losses.

The S&P/TSX composite index closed up 61.71 points at 20,756.73.

In New York, the Dow Jones industrial average was up 201.94 points at 37,468.61. The S&P 500 index was up 41.73 points at 4,780.94, while the Nasdaq composite was up 200.03 points at 15,055.65.

The Canadian dollar traded for 74.05 cents US compared with 73.95 cents US on Wednesday.

The March crude oil contract was up US$1.47 at US$73.95 per barrel and the February natural gas contract was down 17 cents at US$2.70 per mmBTU.

The February gold contract was up US$15.10 at US$2,021.60 an ounceand the March copper contract was up one cent at US$3.75 a pound.

This report by The Canadian Press was first published Jan. 18, 2024.

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

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