March 4th, 2024

S&P/TSX composite edges higher Friday, U.S. markets mixed

By The Canadian Press on January 26, 2024.

A currency trader passes by screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Jan. 25, 2024. THE CANADIAN PRESS/AP-Ahn Young-joon

TORONTO – Canada’s main stock index eked out a gain Friday, while U.S. markets ended the day mixed as tech pulled equities lower.

The S&P/TSX composite index closed up 23.74 points at 21,125.28.

In New York, the Dow Jones industrial average was up 60.30 points at 38,109.43.The S&P 500 index was down 3.19 points at 4,890.97, while the Nasdaq composite was down 55.13 points at 15,455.36.

The Canadian dollar traded for 74.35 cents UScompared with 74.10 cents US on Thursday.

The March crude oil contract was up 65 cents at US$78.01 per barrel and the March natural gas contract was down half a penny at US$2.18 per mmBTU.

The February gold contract was down 50 cents at US$2,017.30 an ounce and the March copper contract was down two cents at US$3.85 a pound.

This report by The Canadian Press was first published Jan. 26, 2024.

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

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