TORONTO – Gains in technology stocks helped offset weakness in the energy sector as Canada’s main stock index crept higher in late-morning trading, while U.S. stock markets moved lower.
The S&P/TSX composite index was up 9.28 points at 25,443.36.
In New York, the Dow Jones industrial average was down 73.72 points at 44,491.35. The S&P 500 index was down 1.42 points at 6,117.29, while the Nasdaq composite was down 13.35 points at 20,040.33.
The Canadian dollar traded for 69.78 cents US compared with 69.58 cents US on Thursday.
The March crude oil contract was down 13 cents at US$74.49 per barrel and the March natural gas contract was down 11 cents at US$3.36 per mmBTU.
The February gold contract was up US$18.70 at US$2,783.70 an ounce and the March copper contract was down less than a penny at US$4.33 a pound.
This report by The Canadian Press was first published Jan. 24, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
