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S&P/TSX composite index closes higher, along with U.S. stock markets

TORONTO — Canada's main stock index closed up along with U.S. markets in part on hopes of softening of trade tensions. The S&P/TSX composite index was up 75.89 points at 24,874.48 after trading down lower in the day.
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Kris Backus, TMX broadcast manager, works in the broadcast centre at the TMX Group Ltd. in Toronto, Ont.'s financial district on Friday, May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

TORONTO — Canada's main stock index closed up along with U.S. markets in part on hopes of softening of trade tensions.

The S&P/TSX composite index was up 75.89 points at 24,874.48 after trading down lower in the day.

In New York, the Dow Jones industrial average closed up 300.03 points at 40,527.62. The S&P 500 index was up 32.08 points at 5,560.83, while the Nasdaq composite was up 95.19 points at 17,461.32.

The Canadian dollar traded for 72.22 cents US compared with 72.20 cents US on Monday.

The June crude oil contract was down US$1.63 at US$60.42 per barrel and the June natural gas contract was up six cents US at US$3.39 per mmBTU.

The June gold contract was down US$14.10 at US$3,333.60 an ounce and the July copper contract was down two cents at US$4.87 a pound.

This report by The Canadian Press was first published April 29, 2025.

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

The Canadian Press