May 25th, 2024

S&P/TSX composite posts small gain, U.S. stock markets also rise

By The Canadian Press on April 29, 2024.

Office towers are shown in the Bay Street financial district in Toronto on Friday, Aug. 5, 2022. THE CANADIAN PRESS/Nathan Denette

TORONTO – Strength in base metals helped Canada’s main stock index post a small gain Monday, while U.S. markets also rose.

The S&P/TSX composite index closed up 42.38 points at 22,011.62.

In New York, the Dow Jones industrial average was up 146.43 points at 38,386.09. The S&P 500 index was up 16.21 points at 5,116.17,while the Nasdaq composite was up 55.18 points at 15,983.08.

The Canadian dollar traded for 73.22 cents US compared with 73.16 cents US on Friday.

The June crude oil contract was down US$1.22 at US$82.63 per barrel and the June natural gas contract was up 11 cents at US$2.03 per mmBTU.

The June gold contract was up US$10.50 at US$2,357.70 an ounce and the July copper contract was up 11 cents at US$4.68 a pound.

This report by The Canadian Press was first published April 29, 2024.

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

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