The S&P/TSX composite rose in morning trade, while US stock markets fell

TORONTO – Canada's main stock index rose in morning trade, helped by gains in base metals and technology stocks, while U.S. stock markets fell.

The S&P/TSX composite gained 49.60 points to 21,692.47.

In New York, the Dow Jones industrial average fell 67.44 points to 37,731.53. The S&P 500 was down 9.41 points at 5,042.00, while the Nasdaq Composite was down 53.81 points at 15,811.44.

The Canadian dollar traded at 72.48 cents on Tuesday, compared with 72.35 US cents.

The June crude oil contract was down 78 cents at $84.05 a barrel, while the May natural gas contract was down six cents at $1.67 per mmBTU.

The June gold contract was down 70 cents at $2,407.10 an ounce, while the May copper contract was up six cents at $4.37 a pound.

This Canadian Press report was first published on April 17, 2024.

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

Canadian Press