April 17th, 2024

S&P/TSX composite nudges higher to new record close; commodity prices gain

By The Canadian Press on April 1, 2024.

The exterior of the TMX is seen in Toronto, Wednesday, Nov. 1, 2023. THE CANADIAN PRESS/Chris Young

TORONTO – Canada’s main stock index edged slightly higher to a new record close Monday, helped by commodity price gains that lifted the energy and mining sectors.

The S&P/TSX composite index was up 18.22 points at 22,185.25.

In New York, the Dow Jones industrial average was down 240.52 points at 39,566.85. The S&P 500 index was down 10.58 points at 5,243.77, while the Nasdaq composite was up 17.37 points at 16,396.83.

The Canadian dollar traded for 73.67 cents US compared with 73.80 cents US on Thursday.

The May crude oil contract was up 54 cents at US$83.71 per barrel and the May natural gas contract was up eight cents at US$1.84 per mmBTU.

The June gold contract was up US$18.70 at US$2,257.10 an ounce and the May copper contract was up four cents at US$4.05 a pound.

This report by The Canadian Press was first published April 1, 2024.

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

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