S&P/TSX composite up more than 200 points, U.S. stock markets also higher
Canada's main stock index, the S&P/TSX composite, surged over 200 points in late-morning trading, buoyed by the robust performance of the base metals sector. Concurrently, U.S. stock markets also experienced a rise. The index closed at 36,013.82 points. In parallel, the Dow Jones industrial average in New York added 212.61 points, reaching 52,427.77.
The S&P 500 and Nasdaq composite indices in the U.S. also climbed by 73.19 points to 7,696.87 and 344.64 points to 26,299.98, respectively. Meanwhile, the Canadian dollar was valued at 71.24 cents against the U.S. dollar, a slight improvement from the previous day's rate of 71.46 cents. The December crude oil contract dropped by 2.31 U.S. dollars to $100.96 per barrel, while the December gold contract increased by 28.30 U.S. dollars to $4,036.20 per 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.
