S&P/TSX composite up more than 200 points, U.S. stock markets mixed
Canada's main stock index, the S&P/TSX composite, surged more than 200 points in late-morning trading, driven by gains in the technology and base metals sectors, while U.S. stock markets remained mixed. The index closed at 36,228.74, while the Dow Jones industrial average in New York fell 248.22 points to 51,800.61. The S&P 500 index in the U.S. saw a slight gain of 0.56 points, settling at 7,765.26, and the Nasdaq composite index rose by 110.62 points to 27,232.71.
The Canadian dollar strengthened slightly to 71.08 cents US against the U.S. dollar, up from 71.32 cents US on Monday. Crude oil prices declined by 1.11 US dollars, closing at 91.26 per barrel, and gold prices dropped by 8.30 US dollars, settling at 4,375.60 an ounce.
Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
