July 22nd, 2024

S&P/TSX composite closes up as industrial and base metal stocks rise

By The Canadian Press on June 26, 2024.

The S&P TSX composite index screen at the TMX Market Centre in Toronto is seen on Friday, Nov. 11, 2022. THE CANADIAN PRESS/Tijana Martin

TORONTO – Canada’s main stock index closed up Wednesday amid gains in the industrial and base metal sectors, while U.S. stock markets also inched higher.

The S&P/TSX composite index was up 5.42 points at 21,793.90.

In New York, the Dow Jones industrial average was up 15.64 points at 39,127.80. The S&P 500 index was up 8.60 points at 5,477.90, while the Nasdaq composite was up 87.50 points at 17,805.16.

The Canadian dollar traded for 73.01 cents US compared with 73.21 cents US on Tuesday.

The August crude oil contract was up seven cents at US$80.90 per barrel and the August natural gas contract was down 11 cents at US$2.75 per mmBTU.

The August gold contract was down US$17.60 at US$2,313.20 an ounce and the September copper contract stayed level at US$4.37 a pound.

This report by The Canadian Press was first published June 26, 2024.

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

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