S&P/TSX composite ekes out gain Wednesday, U.S. stock markets also rise

TORONTO Canada's main stock index eked out a gain Wednesday, weighed down by weakness in energy and metals, while U.S. markets rose. The S&P/TSX composite index closed up 18.44 points at 20,989.42. In New York, the Dow Jones industrial average was up 170.57 points at 37,695.73. The S&P 500 index was up 26.95 points at 4,783.45, while the Nasdaq composite was up 111.94 points at 14,969.65.

The Canadian dollar traded for 74.73 cents UScompared with 74.68 cents US on Tuesday. The February crude oil contract was down 87 cents at US$71.37 per barrel and the February natural gas contract was down 15 cents at US$3.04 per mmBTU. The February gold contract was down US$5.20 at US$2,027.80 an ounce and the March copper contract was up two cents at US$3.78 a pound.

This report by The Canadian Press was first published Jan. 10, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD).