July 26th, 2024

Energy and base metals help lift S&P/TSX composite Thursday, U.S. stock markets mixed

By The Canadian Press on June 6, 2024.

The Bay Street Financial District is shown with the Canadian flag in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette

TORONTO – Strength in energy and base metals helped Canada’s main stock index post a small gain Thursday, while U.S. stock markets were mixed.

The S&P/TSX composite index closed up 84.08 points at 22,229.10.

In New York, the Dow Jones industrial average was up 78.84 points at 38,886.17. The S&P 500 index was down 1.07 points at 5,352.96, while the Nasdaq composite was down 14.78 points at 17,173.12.

The Canadian dollar traded for 73.07 cents UScompared with 73.01 cents US on Wednesday.

The July crude oil contract was up US$1.48 at US$75.55 per barrel and the July natural gas contract was up six cents at US$2.82 per 1,000 cubic feet.

The August gold contract was up US$15.40 at US$2,390.90 an ounce and the July copper contract was up seven cents at US$4.68 a pound.

This report by The Canadian Press was first published June 6, 2024.

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

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