TORONTO – Canada’s main stock index was up slightly in late-morning trading, largely unaffected after Prime Minister Justin Trudeau officially announced he plans to step aside, while U.S. stock markets also rose.
The S&P/TSX composite index was up 57.75 points at 25,131.29.
In New York, the Dow Jones industrial average was up 310.19 points at 43,042.32. The S&P 500 index was up 72.61 points at 6,015.08, while the Nasdaq composite was up 354.24 points at 19,975.92.
The Canadian dollar traded for 69.57 cents US compared with 69.24 cents US on Friday.
The February crude oil contract was up 11 cents at US$74.07 per barrel and the February natural gas contract was up 29 cents at US$3.65 per mmBTU.
The February gold contract was down US$7.60 at US$2,647.10 an ounce and the March copper contract was up 12 cents at US$4.19 a pound.
This report by The Canadian Press was first published Jan. 6, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
