The Bay Street Financial District is shown with the Canadian flag in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette
TORONTO – Canada’s main stock index posted modest gains Wednesday after the Bank of Canada continued to hold its key lending rate steady, while U.S. markets also moved higher.
The S&P/TSX composite index closed up 68.03 points at 21,593.96.
In New York, the Dow Jones industrial average was up 75.86 points at 38,661.05. The S&P 500 index was up 26.11 points at 5,104.76, while the Nasdaq composite was up 91.96 points at 16,031.54.
The Canadian dollar traded for 73.92 cents UScompared with 73.63 cents US on Tuesday.
The April crude oil contract was up 98 cents US at US$79.13 per barrel and the April natural gas contract was down three cents at US$1.93 per mmBTU.
The April gold contract was up US$16.30 at US$2,158.20 an ounceand the May copper contract was up three cents at US$3.88 a pound.
This report by The Canadian Press was first published March 6, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
