February 23rd, 2024

S&P/TSX composite index rises, U.S. stock markets mixed as S&P 500 posts new record

By The Canadian Press on February 9, 2024.

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

TORONTO – Canada’s main stock index posted a modest gain Friday, while U.S. markets were mixed but the S&P 500 surpassed 5,000 points for the first time.

The S&P/TSX composite index closed up 89.96 points at 21,009.60.

In New York, the Dow Jones industrial average was down 54.64 points at 38,671.69. The S&P 500 index was up 28.70 points at 5,026.61,while the Nasdaq composite was up 196.95 points at 15,990.66.

The Canadian dollar traded for 74.28 cents US, according to XE.com, compared with 74.26 cents US on Thursday.

The March crude contract was up 62 cents at US$76.84 per barreland the March natural gas contract was down seven cents at US$1.85 per mmBTU.

The April gold contract was down US$9.20 at US$2,038.70 an ounce and the March copper contract was down two cents at US$3.68 a pound.

This report by The Canadian Press was first published Feb. 9, 2024.

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

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