December 11th, 2024

S&P/TSX composite gains almost one per cent, U.S. markets climb

By The Canadian Press on March 7, 2024.

Loonies with the effigy of King Charles on them are struck at an event celebrating the first coin struck at the Royal Canadian Mint in Winnipeg, Tuesday, Nov. 14, 2023. THE CANADIAN PRESS/John Woods

TORONTO – Canada’s main stock index gained almost one per cent on Thursday, while U.S. markets also rose, led by a 1.5 per cent gain on the Nasdaq.

The S&P/TSX composite index closed up 200.60 points at 21,794.56.

In New York, the Dow Jones industrial average was up 130.30 points at 38,791.35.The S&P 500 index was up 52.60 points at 5,157.36, while the Nasdaq composite was up 241.83 points at 16,273.38.

The Canadian dollar traded for 74.22 cents US compared with 73.92 cents US on Wednesday.

The April crude contract was down 20 cents at US$78.93 per barrel and the April natural gas contract was down 11 cents at US$1.82 per mmBTU.

The April gold contract was up US$7.00 at US$2,165.20 an ounce and the May copper contract was up five cents at US$3.93 a pound.

This report by The Canadian Press was first published March 7, 2024.

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

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