TORONTO – Fears of conflict escalation in Europe weighed on stock markets on both sides of the Atlantic Tuesday, but Canada’s main index recovered from early losses to end slightly up, while U.S. stock markets were mixed.
The S&P/TSX composite index closed up 33.83 points at 25,010.77 as gains in mining stocks helped offset losses in the energy and industrial sectors.
In New York, the Dow Jones industrial average closed down 120.66 points at 43,268.94. The S&P 500 index was up 23.36 points at 5,916.98, while the Nasdaq composite was up 195.66 points at 18,987.47.
The Canadian dollar traded for 71.53 cents US compared with 71.21 cents US on Monday.
The January crude oil contract ended up seven cents at US$69.24 per barrel and the December natural gas contract was up three cents at US$3.00 per mmBTU.
The December gold contract was up US$16.40 at US$2,631 an ounce and the December copper contract was up two cents at US$4.14 a pound.
This report by The Canadian Press was first published Nov. 19, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
