Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

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.

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.

Read the original at winnipegfreepress.com →

More in Finance & Markets

Will Broadcom Rejoin the $2 Trillion Club in 2027?

Broadcom supplies some of the best data center chips and components for developing artificial intelligence.

  • Broadcom previously part of $2 trillion club, now 26% off June high
  • AI labs propose scaling back development, Broadcom s GPUs replaced by Nvidia, AMD
  • Broadcom forecasts $115B AI revenue in 2027, $230B in 2028 to rejoin club

More from Friday 16 October →