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Canada’s main stock index posted a solid rebound on Tuesday as energy stocks climbed along with the price of oil. Gains were capped by declines seen in the healthcare and telecom sectors.

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Some major U.S. retailers reported impressive gains, pushing Wall Street’s main indexes into the green, helping to soothe traders’ worries about the economic fallout of stricter COVID-19 curbs in China. The S&P put in a crazy performance.

Today in the Markets

TSX 20,220.01 +242.88 TSX
TSXV 576.38 +5.23 TSXV
CSE 271.78 +2.23 TSXV
DJIA 34,119.00 +385.00 DJIA
NASDAQ 11,754.00 +166.00 NASDAQ
S&P 500 4,009.50 +51.50 S&P 500

The Canadian dollar traded for 74.70 cents US, compared to 74.32 cents US on Monday.

US crude futures traded $0.94 higher at $80.98 a barrel, while the Brent contract gained $0.90 to $88.34 a barrel.

The price of gold was up US$00.21 to US$1,738.61.

In world markets, the Nikkei was up 170.95 points to 28,115.74, the Hang Seng was down 231.50 points to 17,424.41, the FTSE was up 75.99 points to 7,452.84, and the DAX was up 42.42 points to 14,422.35.

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