May 27th, 2024

S&P/TSX composite recovers from early losses to close higher Monday

By The Canadian Press on April 22, 2024.

A street sign along Bay Street in Toronto's financial district is shown on Tuesday, Jan. 12, 2021.THE CANADIAN PRESS/Nathan Denette

TORONTO – Canada’s main stock index recovered from early losses to end higher Monday along with U.S. stock markets.

The S&P/TSX composite index closed up 64.59 points at 21,871.96.

In New York, the Dow Jones industrial average ended up 253.58 points at 38,239.98. The S&P 500 index was up 43.37 points at 5,010.60, while the Nasdaq composite was up 169.30 points at 15,451.31.

The Canadian dollar traded for 72.91 cents US compared with 72.74 cents US on Friday.

The benchmark May crude oil contract was down 29 cents to US$82.85 per barrel and the May natural gas contract was up four cents to US$1.79 per mmBTU.

The June gold contract was down US$67.40 at US$2,346.40 an ounce and the May copper contract was down two cents at US$4.48 a pound.

This report by The Canadian Press was first published April 22, 2024.

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

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