July 7th, 2024

S&P/TSX composite gains 20 points Thursday with U.S. markets closed for July 4


By The Canadian Press on July 4, 2024.

Financial numbers flow on the digital ticker tape at the TMX Group in Toronto's financial district on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

TORONTO – Canada’s main stock market eked out a gain on Thursday, helped by strength in the telecom, utility and energy sectors.

The S&P/TSX composite index closed up 20.35 points at 22,244.02.

The increase came as U.S. stock markets were closed for the July 4 holiday.

The Canadian dollar traded for 73.46 cents US compared with 73.33 cents US on Wednesday.

The gain in the currency came one day ahead of Statistics Canada’s labour force survey report on Friday.

Commodity markets were also closed for regular trading.

This report by The Canadian Press was first published July 4, 2024.

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

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