S&P/TSX composite posts small gain Monday, loonie also higher

By The Canadian Press on May 27, 2024.

TORONTO – Canada’s main stock index posted a small gain Monday, helped by strength in energy and industrial stocks.

The S&P/TSX composite index closed up 52.51 points at 22,373.38.

U.S. stock markets were closed for the Memorial Day holiday.

The Canadian dollar traded for 73.34 cents US compared with 73.14 cents US on Friday.

Commodity markets were also closed for the U.S. holiday.

This week will see earnings from several major Canadian banks, as well as several economic data reports in the U.S.

This report by The Canadian Press was first published May 27, 2024.

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

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