Canada’s main stock index gained more ground on Wednesday, as the potential of lower bond yields helped move markets higher, diverting traders’ attention from the latest conflict in the Middle East. Gains among the financial, utilities and telecom sectors outweighed losses sustained in the energy, mining, and health care markets.
South of the border, investors felt some relief after U.S. Federal Reserve officials indicated that rising yields on long-term U.S. Treasury bonds could steer the central bank from further increases in its short-term policy rate.
| TSX | 19,663.84 | +162.64 |  |
| TSXV | 534.65 | +0.56 | |
| CSE | 172.52 | -4.67 |  |
| DJIA | 33,804.87 | +65.57 | |
| NASDAQ | 13,659.68 | +96.83 | |
| S&P 500 | 4,375.93 | +17.69 | |
The Canadian dollar traded for 73.51 cents U.S., compared to 73.65 cents U.S. on Tuesday.
U.S. crude futures traded $2.02 lower at $83.95 a barrel, and the Brent contract lost $1.34 to $86.31 a barrel.
The price of gold was up US$13.73 to US$1,873.48.
In world markets, the Nikkei was up 189.98 points to 31,936.51, the Hang Seng was up 228.37 points to 17,893.10, the FTSE was down 8.18 points to 7,620.03, and the DAX was up 36.49 points to 15,460.01.
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