S&P/TSX composite up more than 100 points, U.S. stock markets mixed
Canada's main stock index, the S&P/TSX composite, saw a significant rise of over 100 points in late-morning trading, driven by the strength of the energy and base metal sectors. Meanwhile, U.S. stock markets remained mixed. The index closed at 36,271.61 points, with the Dow Jones industrial average up 117.73 points at 52,295.42 and the S&P 500 down 28.76 points at 7,715.30.
The Nasdaq composite experienced a decline of 330.88 points, closing at 26,382.15. The Canadian dollar strengthened to 70.69 cents US compared to 70.44 cents US on Thursday. Crude oil prices fell by US$1.10 to US$95.40 per barrel, while gold prices rose by US$36.90 to US$4,207.00 an ounce.
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