TORONTO — Canada's main stock index gained more than 100 points Wednesday, led by strength in utilities and base metals, while U.S. markets also rose and the Dow Jones hit a record high.
The S&P/TSX composite index closed up 122.12 points at 24,561.20.
In New York, the Dow Jones industrial average was up 337.28 points at 43,077.70. The S&P 500 index was up 27.21 points at 5,842.47, while the Nasdaq composite was up 51.49 points at 18,367.08.
The Canadian dollar traded for 72.62 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 19 cents at US$70.39 per barrel and the November natural gas contract was down 13 cents at US$2.37 per mmBTU.
The December gold contract was up US$12.40 at US$2,691.30 an ounce and the December copper contract was up three cents at US$4.37 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press