North American stock markets end two-day slide as gold prices offset oil slide

North American stock markets end two-day slide as gold prices offset oil slide
Share this article

TORONTO — North American stock markets ended a two-day slide as the rising price of gold offset the impact of falling oil prices.

The S&P/TSX composite index closed up 10.02 points at 16,494.23.

In New York, the Dow Jones industrial average was up 3.12 points at 27,222.97. The S&P 500 index was up 10.69 points at 2,995.11, while the Nasdaq composite was up 22.04 points at 8,207.24.

The Canadian dollar traded for an average of 76.52 cents US compared with an average of 76.61 cents US on Wednesday.

The September crude contract was down US$1.50 at US$55.42 and the August natural gas contract was down 1.7 cents at US$2.29 per mmBTU.

The August gold contract was up US$4.80 at US$1,428.10 per barrel an ounce and the September copper contract was down 0.6 of a cent at US$2.71 a pound.

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

The Canadian Press

Related posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.