December 12th, 2024

S&P/TSX composite index posts gain Tuesday, U.S. markets rise after inflation report

By The Canadian Press on March 12, 2024.

A Canadian flag flies in the Bay Street financial district in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette

TORONTO – Canada’s main stock index posted a modest gain on Tuesday, while U.S. markets rose after the latest data on inflation.

The S&P/TSX composite index closed up 61.80 points at 21,831.02.

In New York, the Dow Jones industrial average was up 235.83 points at 39,005.49. The S&P 500 index was up 57.33 points at 5,175.27,while the Nasdaq composite was up 246.36 points at 16,265.64.

The Canadian dollar traded for 74.08 cents UScompared with 74.12 cents US on Monday.

The April crude oil contract was down 37 cents at US$77.56 per barrel and the April natural gas contract was down five cents at US$1.71 per mmBTU.

The April gold contract was down US$22.50 at US$2,166.10 an ounce and the May copper contract was down less than a penny at US$3.93 a pound.

This report by The Canadian Press was first published March 12, 2024.

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

Share this story:

9
-8

Comments are closed.