S&P/TSX composite gains 100 points, U.S. markets mixed ahead of inflation report

By The Canadian Press on April 9, 2024.

TORONTO – Broad-based strength led by base metals helped Canada’s main stock index gain more than 100 points on Tuesday, while U.S. markets muddled to a mixed close ahead of highly anticipated inflation data coming this week.

The S&P/TSX composite index closed up 101.48 points at 22,361.78.

In New York, the Dow Jones industrial average was down 9.13 points at 38,883.67. The S&P 500 index was up 7.52 points at 5,209.91, while the Nasdaq composite was up 52.68 points at 16,306.64.

The Canadian dollar traded for 73.65 cents UScompared with 73.63 cents US on Monday.

The May crude oil contract was down US$1.20 at US$85.23 per barrel and the May natural gas contract was up three cents at US$1.87 per mmBTU.

The June gold contract was up US$11.40 at US$2,362.40 an ounceand the May copper contract was up one cent at US$4.29 a pound.

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

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

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