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S&P/TSX composite makes small gain, U.S. stock markets move lower

Click to play video: 'What Canadians need to know about the U.K. and Japan slipping into recession'
What Canadians need to know about the U.K. and Japan slipping into recession
WATCH ABOVE: What Canadians need to know about the U.K. and Japan slipping into recession – Feb 15, 2024

Strength in base metals and telecom helped Canada’s main stock index post a small gain Friday, while U.S. markets moved lower.

The S&P/TSX composite index closed up 32.92 points at 21,255.61.

In New York, the Dow Jones industrial average was down 145.13 points at 38,627.99. The S&P 500 index was down 24.16 points at 5,005.57, while the Nasdaq composite was down 130.52 points at 15,775.65.

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The Canadian dollar traded for 74.16 cents US compared with 74.11 cents US on Thursday.

The April crude contract was up 87 cents at US$78.46 per barrel and the March natural gas contract was up three cents at US$1.61 per mmBTU.

The April gold contract was up US$9.20 at US$2,024.10 an ounce and the March copper contract was up eight cents at US$3.84 a pound.

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