TORONTO – Strength in technology stocks helped lift Canada’s main stock index in late-morning trading, while U.S. stock markets headed lower.
The S&P/TSX composite index was up 25.66 points at 24,955.55.
In New York, the Dow Jones industrial average was down 21.42 points at 42,506.94. The S&P 500 index was down 2.36 points at 5,906.67, while the Nasdaq composite was down 25.20 points at 19,464.48.
The Canadian dollar traded for 69.51 cents US compared with 69.74 cents US on Tuesday.
The February crude oil contract was down 54 cents at US$73.71 per barrel and the February natural gas contract was up 17 cents at US$3.62 per mmBTU.
The February gold contract was up US$14.10 at US$2,679.50 an ounce and the March copper contract was up five cents at US$4.24 a pound.
This report by The Canadian Press was first published Jan. 8, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
