S&P/TSX composite approaches record high with help from materials, technology

S&P/TSX composite approaches record high with help from materials, technology
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TORONTO — Canada’s main stock index moved to within two per cent of a record high on gains in the materials and technology sectors.

The S&P/TSX composite index closed up 61.38 points to 17,582.35.

In New York, the Dow Jones industrial average was down 148.47 points at 30,069.79. The S&P 500 index was down 7.16 points at 3,691.96, while the tech-heavy Nasdaq composite was up 55.72 points at 12,519.95.

The Canadian dollar was unchanged from Friday at 78.12 US.

The January crude contract was down 50 cents at US$45.76 per barrel and the January natural gas contract was down 16.9 cents at nearly US$2.41 per mmBTU.

The February gold contract was up US$26.00 at US$1,866.00 an ounce and the March copper contract was down 0.8 of a cent at almost US$3.52 a pound.

This report by The Canadian Press was first published Dec. 7, 2020.

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

The Canadian Press

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