TORONTO – Canada’s main stock index was up nearly 200 points in late-morning trading on gains in the energy and base metal stocks as the price of oil rose.
The S&P/TSX composite index was up 184.11 points at 25,074.79.
In New York, the Dow Jones industrial average was down 2.82 points at 43,442.17. The S&P 500 index was up 28.48 points at 5,899.10, while the Nasdaq composite was up 164.13 points at 18,844.25.
The Canadian dollar traded for 71.18 cents US compared with 71.03 cents US on Friday.
The January crude oil contract was up US$2.07 at US$68.99 per barrel and the December natural gas contract was up nine cents at US$2.92 per mmBTU.
The December gold contract was up US$47.80 at US$2,617.90 an ounce and the December copper contract was up five cents at US$4.12 a pound.
This report by The Canadian Press was first published Nov. 18, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
