A day after posting its longest streak of daily declines since May, Canada’s main stock index rose on Wednesday led by precious metal miners and technology stocks. Utilities was the only sector to close lower.

US markets also closed higher as easing Treasury yields lifted rate-sensitive growth stocks, but the gains were capped by losses in Apple after it dropped plans to increase iPhone production.

Today in the Markets

TSX 18,648.92 +341.01 TSX
TSXV 587.62 +13.71 TSXV
CSE 245.23 +3.63 TSXV
DJIA 29,683.74 +548.75 DJIA
NASDAQ 11,051.64 +222.13 NASDAQ
S&P 500 3,719.04 +71.75 S&P 500

The Canadian dollar traded for 73.37 cents US compared to 72.85 cents US on Tuesday.

US crude futures traded 4.60 per cent higher at $82.11 a barrel, while the Brent contract gained 3.49 per cent to $89.28 a barrel.

The price of gold was up US31.70 to US$1,667.90.

In world markets, the Nikkei was down 397.89 points to 26,173.98, the Hang Seng was down 609.43 points to 17,250.88, the FTSE was up 21.25 points to 7,152.90, and the DAX was up 43.60 points to 12,183.28.


DISCLAIMER: By viewing any material on or distributed by The Market Herald Publishing Ltd. and its Information Providers you agree to both the following disclaimer, and the full disclaimer that can be viewed here.

Any holdings, theories, speculation or trades appearing anywhere on The Market Herald network of websites should not be relied upon for purposes of transacting securities or other investments, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. This applies to any material regardless of source, placement, presentation or reproduction. Any Information Providers to The Market Herald or employees of The Market Herald may from time to time have positions in the stocks or other entities mentioned anywhere on The Market Herald Network of websites. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. The Market Herald and its contributors makes no guarantee as to the validity of any information, speculation, theories or research presented herein whether pertaining to the past, present or future. The Service and The Materials are provided by The Market Herald and other Information Providers on an “as is” basis, and The Market Herald and other Information Providers expressly disclaim any and all warranties, express or implied, including, without limitation, warranties of satisfactory quality and fitness for a particular purpose, with respect to the service or any materials and products. In no event shall The Market Herald and other Information Providers be liable for any direct, indirect, incidental, punitive, or consequential damages of any kind whatsoever with respect to The Service, The Materials, and The Products.


More From The Market Herald

" @ the Bell: TSX hits 2-week high

Canada’s main stock index clocked in a two-week high on Thursday on fresh demand from commodities giving an early jolt to energy and
The Market Herald Video

" ION Energy (TSXV:ION) sees impressive results at Urgakh Naran

ION Energy Limited (ION) shared drilling results and an update on exploration at its Urgakh Naran Project in Mongolia.
The Market Herald Video

" Olympia Financial Group (TSX:OLY) releases Q3 results and announces increase to monthly cash dividend

Olympia Financial Group (OLY) has announced its operating and financial results for the period ended September 30, 2022.
The Market Herald Video

" Kiboko Gold (TSXV:KIB) provides update on its Harricana drill program

Kiboko Gold Inc. (TSXV:KIB) provided an update on its Harricana drill program.