TORONTO – Canada’s main stock index was up nearly 100 points in late-morning trading, helped by strength in industrial and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 92.11 points at 25,403.61.
In New York, the Dow Jones industrial average was up 246.17 points at 44,402.90. The S&P 500 index was up 9.16 points at 6,095.53, while the Nasdaq composite was down 58.84 points at 19,950.50.
The Canadian dollar traded for 69.51 cents US compared with 69.59 cents US on Wednesday.
The March crude oil contract was up 36 cents at US$75.80 per barrel and the March natural gas contract was down three cents at US$3.48 per mmBTU.
The February gold contract was down US$17.60 at US$2,753.30 an ounce and the March copper contract was up less than a penny at US$4.31 a pound.
This report by The Canadian Press was first published Jan. 23, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
