S&P/TSX composite down in late-morning trading, U.S. stock markets creep higher

TORONTO — Canada’s main stock index fell in late-morning trading, weighed down by losses in the base metal and telecommunication sectors, while U.S. stock markets edged higher.

The S&P/TSX composite index was down 52.00 points at 25,067.71.

In New York, the Dow Jones industrial average was up 126.18 points at 43,576.08. The S&P 500 index was up 3.22 points at 6,053.83, while the Nasdaq composite was up 10.15 points at 20,119.21.

The Canadian dollar traded for 69.81 cents US compared with 69.91 cents US on Tuesday.

The February crude oil contract was up 95 cents at US$70.60 per barrel and the January natural gas contract was up 11 cents at US$3.41 per mmBTU.

The February gold contract was down US$9.00 at US$2,653.00 an ounce and the March copper contract was up a penny at US$4.16 a pound.

This report by The Canadian Press was first published Dec. 18, 2024.

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

The Canadian Press