November 26th, 2024

S&P/TSX composite rises Wednesday, U.S. stock markets also higher

By The Canadian Press on August 21, 2024.

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 rose on Wednesday, helped by strength in base metals and technology, while U.S. stock markets also climbed higher.

The S&P/TSX composite index closed up 84.29 points at 23,121.73.

In New York, the Dow Jones industrial average was up 55.52 points at 40,890.49. The S&P 500 index was up 23.73 points at 5,620.85, while the Nasdaq composite was up 102.05 points at 17,918.99.

The Canadian dollar traded for 73.57 cents UScompared with 73.38 cents US on Tuesday.

The October crude oil contract was down US$1.24 at US$71.93 per barrel and the September natural gas contract was down two cents at US$2.18 per mmBTU.

The December gold contract was down US$3.10 at US$2,547.50 an ounce and the September copper contract was up three cents at US$4.19 a pound.

This report by The Canadian Press was first published Aug. 21, 2024.

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

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