December 13th, 2024

S&P/TSX composite posts gain Monday, U.S. stock markets also rise

By The Canadian Press on January 29, 2024.

A signboard is displayed at the TMX in Toronto, Wednesday, Nov. 1, 2023. THE CANADIAN PRESS/Chris Young

TORONTO – Canada’s main stock index rose Monday as technology stocks helped lead broad-based gains despite weakness in energy, while U.S. markets also rose.

The S&P/TSX composite index closed up 74.78 points at 21,200.06.

In New York, the Dow Jones industrial average was up 224.02 points at 38,333.45.The S&P 500 index was up 36.96 points at 4,927.93, while the Nasdaq composite was up 172.68 points at 15,628.04.

The Canadian dollar traded for 74.39 cents UScompared with 74.35 cents US on Friday.

The March crude oil contract was down US$1.23 at US$76.78 per barrel and the March natural gas contract was down 12 cents at US$2.05 per mmBTU.

The April gold contract was up US$8.50 at US$2,044.60 an ounce and the March copper contract was up three cents at US$3.88 a pound.

This report by The Canadian Press was first published Jan. 29, 2024.

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

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