TORONTO — Canada’s main stock index rose Monday on broad-based strength, while U.S. markets were mixed as investors anticipated an interest rate cut later in the week.

The S&P/TSX composite index closed up 133.42 points at 23,702.07.

In New York, the Dow Jones industrial average was up 228.30 points at 41,622.08. The S&P 500 index was up 7.07 points at 5,633.09, while the Nasdaq composite was down 91.85 points at 17,592.13.

The Canadian dollar traded for 73.57 cents US compared with 73.61 cents US on Friday.

The October crude oil contract was up US$1.44 at US$70.09 per barrel and the October natural gas contract was up six cents at US$2.37 per mmBTU.

The December gold contract was down US$1.80 at US$2,608.90 an ounce and the December copper contract was up three cents at US$4.27 a pound.

This report by The Canadian Press was first published Sept. 16, 2024.

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

The Canadian Press