North American stock markets increase again on stimulus hopes while loonie surges
(Visited 1 times, 1 visits today)
Written by • October 9, 2020• 1:54 pm• Ontario • Views: 0
TORONTO — Canada’s main stock index rose in early trading on gains from the energy and health-care sectors while the loonie surged.
The S&P/TSX composite index was up 73.24 points at 16,607.78.
In New York, the Dow Jones industrial average was up 145.00 points at 28,455.00. The S&P 500 index was up 20.25 points at 3,457.75, while the Nasdaq composite was up 70.25 points at 11,609.25.
The Canadian dollar traded for 76.13 cents US compared with 75.64 cents US on Thursday.
The November crude contract was down 19 cents at US$41.00 per barrel and the November natural gas contract was up 16.1 cents at US$2.79 per mmBTU.
The December gold contract was up US$29.10 at US$1,924.20 an ounce and the December copper contract was up by 4.85 cents at US$3.09.
This report by The Canadian Press was first published Oct. 9, 2020.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
The Canadian Press
November 30, 2022 • Views: 51
November 7, 2020 • Views: 2
November 7, 2020 • Views: 0
November 7, 2020 • Views: 0
Statesman Times is the go-to source for news that matters to you. We provide unbiased and transparent news about world events, United States, and Canada. Our writers are witty and informative, so you can stay up-to-date on the latest news without sacrificing your time.
We have detected that you are using extensions to block ads. Please support us by disabling these ads blocker.