December 11th, 2024

S&P/TSX composite up slightly; quiet trading session ends week of gains

By The Canadian Press on August 16, 2024.

In this file photo Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020.THE CANADIAN PRESS/Nathan Denette

TORONTO – Canada’s main stock index saw a relatively quiet trading day Friday, as investors held off on major moves in anticipation of next week’s annual meeting of the U.S. Federal Reserve in Jackson Hole, Wyo.

The S&P/TSX composite index was up 21.89 points at 23,054.61.

In New York, the Dow Jones industrial average was up 96.70 points at 40,659.76. The S&P 500 index was up 11.03 points at 5,554.25, while the Nasdaq composite was up 37.22 points at 17,631.72.

The Canadian dollar traded for 72.96 cents US compared with 72.91 cents US on Thursday.

The October crude oil contract was down US$1.51 at US$76.65 per barrel and the September natural gas contract was down seven cents at US$2.12 per mmBTU.

The December gold contract was up US$45.40 at US$2,537.80 an ounce and the September copper contract was down one cent at US$4.14 a pound.

This report by The Canadian Press was first published Aug.16, 2024.

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

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