November 26th, 2024

S&P/TSX composite up almost one per cent Tuesday, U.S. stock markets also higher

By The Canadian Press on August 13, 2024.

Canada's main stock index was up more than 100 points in late-morning trading, helped higher by strength in the technology stocks, while U.S. stock markets also climbed higher. The exterior of the TMX is seen in Toronto, Wednesday, Nov. 1, 2023. THE CANADIAN PRESS/Chris Young

TORONTO – Canada’s main stock index gained almost one per cent on Tuesday, boosted by financial and technology stocks, while U.S. stock markets also climbed higher, led by a 2.4-per-cent gain on the Nasdaq.

The S&P/TSX composite index closed up 219.25 points at 22,618.18.

In New York, the Dow Jones industrial average was up 408.63 points at 39,765.64. The S&P 500 index was up 90.04 points at 5,434.43, while the Nasdaq composite was up 407 points at 17,187.61.

The Canadian dollar traded for 72.87 cents US compared with 72.79 cents US on Monday.

The September crude oil contract was down US$1.71 at US$78.35 per barrel and the September natural gas contract was down four cents at US$2.15 per mmBTU.

The December gold contract was up US$3.80 at US$2,507.80 an ounce and the September copper contract was down two cents at US$4.05 a pound.

This report by The Canadian Press was first published Aug. 13, 2024.

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

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