November 27th, 2024

S&P/TSX composite up, U.S. markets mixed as tech losses weigh on Wall St.

By The Canadian Press on July 30, 2024.

A signboard is displayed at the TMX in Toronto, Wednesday, Nov. 1, 2023. THE CANADIAN PRESS/Chris Young

TORONTO – Strength in financials and utilities helped Canada’s main stock index stay afloat Tuesday as U.S. markets were mixed, weighed down by losses in the tech sector.

The S&P/TSX composite index was up 45.10 points at 22,824.67.

In New York, the Dow Jones industrial average was up 203.40 points at 40,743.33. The S&P 500 index was down 27.10 points at 5,436.44, while the Nasdaq composite was down 222.79 points at 17,147.42.

The Canadian dollar traded for 72.20 cents UScompared with 72.19 cents US on Monday.

The September crude oil contract was down US$1.08 at US$74.73 per barrel and the September natural gas contract was up seven cents at US$2.13 per mmBTU.

The December gold contract was up US$26.40 at US$2,451.90 an ounceand the September copper contract was unchanged at US$4.08 a pound.

This report by The Canadian Press was first published July 30, 2024.

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

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