TORONTO — U.S. stocks surged the morning after Donald Trump won the election, with the Dow Jones industrial average gaining more than 1,300 points by late morning, while Canadian markets were more muted but also rose.
The S&P/TSX composite index was up 71.71 points at 24,459.61.
In New York, the Dow Jones industrial average was up 1,315.43 points at 43,537.31. The S&P 500 index was up 114.44 points at 5,897.20, while the Nasdaq composite was up 409.83 points at 18,849.00.
The Canadian dollar traded for 71.81 cents US compared with 71.97 cents US on Tuesday.
The December crude oil contract was up 10 cents at US$72.09 per barrel and the December natural gas contract was up five cents at US$2.72 per mmBTU.
The December gold contract was down US$72.50 at $2,677.20 an ounce and the December copper contract was down 19 cents at US$4.28 a pound.
This report by The Canadian Press was first published Nov. 6, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press