S&P/TSX composite ekes out new record closing high, U.S. markets also set new records

Canada's main stock index rose Thursday to scrape out a new all-time closing high, while U.S. markets continued to set their own records. 

The S&P/TSX composite index closed up 41.55 points at 22,087.26.

In New York, the Dow Jones industrial average was up 269.24 points at 39,781.37. The S&P 500 index was up 16.91 points at 5,241.53, while the Nasdaq composite was up 32.43 points at 16,401.84.

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The Canadian dollar traded for 73.94 cents US compared with 73.75 cents US on Wednesday.

The May crude oil contract was down 20 cents at US$81.07 per barrel and the May natural gas contract was down a penny at US$1.83 per mmBTU.

The April gold contract was up US$23.70 at US$2,184.70 an ounce and the May copper contract was up a penny at US$4.06 a pound.

This report by The Canadian Press was first published March 21, 2024.

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