S&P/TSX composite up more than 300 points, U.S. stock markets mixed
Canada's S&P/TSX composite index surged over 300 points in late-morning trading, driven by gains in telecom, industrial and financial sectors, while U.S. stock markets remained mixed. The index closed at 35,897.90 points. In contrast, the Dow Jones industrial average in New York rose by 565.48 points to 52,186.96, while the S&P 500 index added 12.26 points to 7,731.20.
The Nasdaq composite, however, fell by 70.29 points to 26,622.58. Meanwhile, the Canadian dollar was trading at 70.45 cents US, up from 70.11 cents US the previous day. The price of December crude oil increased by US$1.53 to US$95.43 per barrel, and the December gold contract rose by US$67.20 to US$4,175.10 per ounce.
Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
