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S&P/TSX composite up Friday, U.S. stock markets also rise

TORONTO — Canada's main stock index rose Friday, helped by strength in industrial stocks, while U.S. markets also posted gains to end the week. The S&P/TSX composite index closed up 53.60 points at 25,444.28.
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Bank towers are pictured in the financial district in Toronto, Friday, Sept. 8, 2023. THE CANADIAN PRESS/Andrew Lahodynskyj

TORONTO — Canada's main stock index rose Friday, helped by strength in industrial stocks, while U.S. markets also posted gains to end the week.

The S&P/TSX composite index closed up 53.60 points at 25,444.28.

In New York, the Dow Jones industrial average was up 426.16 points at 44,296.51. The S&P 500 index was up 20.63 points at 5,969.34, while the Nasdaq composite was up 31.23 points at 19,003.65.

The Canadian dollar traded for 71.54 cents US compared with 71.63 cents US on Thursday.

The January crude oil contract was up US$1.14 at US$71.24 per barrel and the January natural gas contract was down 19 cents at US$3.29 per mmBTU.

The December gold contract was up US$37.30 at US$2,712.20 an ounce and the December copper contract was down four cents at US$4.09 a pound.

This report by The Canadian Press was first published Nov. 22, 2024.

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

The Canadian Press