A Canadian flag flies in the Bay Street financial district in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette
TORONTO – Canada’s main stock index rose Wednesday amid broad-based strength on Bay St., while U.S. stock markets coasted after the latest report on inflation.
The S&P/TSX composite index closed up 141.83 points at 22,760.01.
In New York, the Dow Jones industrial average was up 242.75 points at 40,008.39. The S&P 500 index was up 20.78 points at 5,455.21, while the Nasdaq composite was up 4.99 points at 17,192.60.
The Canadian dollar traded for 72.93 cents US compared with 72.87 cents US on Tuesday.
The September crude oil contract was down US$1.37 at US$76.98 per barreland the September natural gas contract was up seven cents at US$2.22 per mmBTU.
The December gold contract was down US$28.10 at US$2,479.70 an ounce and the September copper contract was down a penny at US$4.03 a pound.
This report by The Canadian Press was first published Aug. 14, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
