Canada’s main stock index started November strong thanks to an early rally among energy shares as oil prices rose. The utilities, financial, and industrials markets also provided some serious lift for the TSX. However, a drop in metal prices caused a drag among materials stocks.
After closing out a rather morose month, U.S. stocks also moved higher as Wall Street assessed the Federal Reserve’s latest policy decision on interest rates. Central bankers kept rates steady in a range of 5.25 per cent to 5.5 per cent.
TSX | 19,079.00 | +205.53 | |
TSXV | 515.82 | -0.25 | |
CSE | 146.83 | -3.17 | |
DJIA | 33,274.58 | +221.71 | |
NASDAQ | 13,061.47 | +210.23 | |
S&P 500 | 4,240.24 | +46.44 | |
The Canadian dollar traded for 72.14 cents U.S., compared to 72.11 cents U.S. on Tuesday.
U.S. crude futures traded $0.11 lower at $80.91 a barrel, but the Brent contract added $0.01 to $85.03 a barrel.
The price of gold was down US$5.21 to US$1,978.58.
In world markets, the Nikkei was up 742.80 points to 31,601.65, the Hang Seng was down 10.70 points to 17,101.78, the FTSE was up 20.71 points to 7,342.43, and the DAX was up 112.93 points to 14,923.27.
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