TORONTO – Canada’s main stock index edged higher Monday as gains in the telecom sector helped offset losses in energy and industrials, while U.S. stock markets were mixed and the Nasdaq lost 1.2 per cent.
The S&P/TSX composite index closed up 4.23 points at 25,151.26.
In New York, the Dow Jones industrial average was up 33.19 points at 43,461.21. The S&P 500 index was down 29.88 points at 5,983.25, while the Nasdaq composite was down 237.08 points at 19,286.93.
The Canadian dollar traded for 70.30 cents US compared with 70.39 cents US on Friday.
The April crude oil contract was up 30 cents at US$70.70 per barrel and the April natural gas contract was down 15 cents at US$3.98 per mmBTU.
The April gold contract was up US$10.00 at US$2,963.20 an ounce and the May copper contract was down six cents at US$4.56 a pound.
This report by The Canadian Press was first published Feb. 24, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
