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S&P/TSX composite up nearly 200 points as price of oil rises, U.S. stocks mixed

TORONTO — Canada's main stock index was up nearly 200 points in late-morning trading on gains in the energy and base metal stocks as the price of oil rose. The S&P/TSX composite index was up 184.11 points at 25,074.79.
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The Bay Street financial district of Toronto is shown on Sunday Sept. 8, 2024. THE CANADIAN PRESS/Doug Ives

TORONTO — Canada's main stock index was up nearly 200 points in late-morning trading on gains in the energy and base metal stocks as the price of oil rose.

The S&P/TSX composite index was up 184.11 points at 25,074.79.

In New York, the Dow Jones industrial average was down 2.82 points at 43,442.17. The S&P 500 index was up 28.48 points at 5,899.10, while the Nasdaq composite was up 164.13 points at 18,844.25.

The 91Ô­´´ dollar traded for 71.18 cents US compared with 71.03 cents US on Friday.

The January crude oil contract was up US$2.07 at US$68.99 per barrel and the December natural gas contract was up nine cents at US$2.92 per mmBTU.

The December gold contract was up US$47.80 at US$2,617.90 an ounce and the December copper contract was up five cents at US$4.12 a pound.

This report by The 91Ô­´´ Press was first published Nov. 18, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The 91Ô­´´ Press