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S&P/TSX composite rises Thursday, U.S. stock markets down

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TORONTO — Strength in technology and utility stocks pushed Canada's main stock index higher on Thursday, while U.S. stock markets were down.

The S&P/TSX composite index closed up 56.90 points at 24,846.20.

In New York, the Dow Jones industrial average was down 68.42 points at 43,153.13. The S&P 500 index was down 12.57 points at 5,937.34, while the Nasdaq composite was down 172.95 points at 19,338.29.

The Canadian dollar traded for 69.50 cents US compared with 69.76 cents US on Wednesday.

The March crude oil contract was down 86 cents at US$77.85 per barrel and the February natural gas contract was up 18 cents at US$4.26 per mmBTU.

The February gold contract was up US$33.10 at US$2,750.90 an ounce and the March copper contract was up five cents at US$4.44 a pound.

This report by The Canadian Press was first published Jan. 16, 2025.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press


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