Russia puts Ukrainian President Zelenskyy on its wanted list
Russia has put Ukrainian President Volodymyr Zelenskyy on its wanted list, Russian state media reported Saturday, citing the interior ministry’s database.
Canada's main stock index reached record highs on a broad rally led by the strength of the financial and energy sectors as the price of oil climbed past US$82 per barrel.
"Great day, on the heels of a great day yesterday," Allan Small, senior investment adviser at IA Private Wealth, said Friday.
"It looks like we're on a bit of a roll coming out of the September funk."
The S&P/TSX composite index closed up 108.16 points to 20,928.10 after reaching an intraday high of 20,969.36. The market climbed 2.5 per cent over the Thanksgiving holiday-shortened week for its best performance since early March.
The Toronto market is up 4.3 per cent so far in October and 20 per cent year-to-date.
In New York, the Dow Jones industrial average was up 382.20 points at 35,294.76. The S&P 500 index was up 33.11 points at 4,471.37, while the Nasdaq composite was up 73.91 points at 14,897.34.
The three main sectors on the TSX were "on fire" for much of the day, Small said, as the heavyweight financials sectors led, oil prices pushed energy up despite a drop in natural gas prices, and copper helped materials even though gold fell.
Financials gained nearly per cent with the Toronto-Dominion Bank up 1.8 per cent and Bank of Montreal 1.5 per cent higher as the banks moved up in sympathy with the U.S. banks that have reported strong quarterly results.
Positive signs from U.S. banks, such as improving loan loss provisions, may be echoed when Canadian banks report results next month.
"So just a general good feeling in the markets right now," Small said in an interview, adding that economic data such as U.S. retail sales were above analyst expectations.
He said there's a general sense that supply chain and COVID-19 constraints are getting better and inflation should start to abate a little bit.
"If that is true, then we could see higher markets moving forward."
Energy increased as crude oil prices continued to march higher, helping to boost MEG Energy Corp. climb 2.1 per cent and Canadian Natural Resources Ltd. gain 1.9 per cent.
The November crude contract was up 97 cents at US$82.28 per barrel and the November natural gas contract was down 27.7 cents at US$5.41 per mmBTU.
The Canadian dollar traded for 80.78 cents US compared with 80.83 cents US on Thursday.
Materials was slightly higher with First Quantum Minerals Ltd. up eight per cent.
The December gold contract was down US$29.60 at US$1,768.30 an ounce and the December copper contract was up 9.8 cents at US$4.73 a pound.
Technology was one of seven sectors that gained on the day as shares of Hut 8 Mining Inc. surged 15.4 per cent as the digital currency miner benefited from the price of Bitcoin moving above US$60,000.
Small said Bitcoin has climbed on reports that the U.S. may soon offer a Bitcoin or cryptocurrency ETF that is already available in Canada.
He said markets posted great ends to another volatile week.
"And in my opinion, I think volatility continues. But I think we are higher come Dec. 31 than we are today. It's just going to be a bit choppy getting there, but I think we can still move higher before year-end."
This report by The Canadian Press was first published Oct. 15, 2021.
Russia has put Ukrainian President Volodymyr Zelenskyy on its wanted list, Russian state media reported Saturday, citing the interior ministry’s database.
A man was denied a $5,000 payout from his brother after a B.C. tribunal dismissed his claim disputing how many kittens were born in a litter.
A Chinese truck driver was praised in local media Saturday for parking his vehicle across a highway and preventing more cars from tumbling down a slope after a section of the road in the country's mountainous south collapsed and killed at least 48 people.
A man accused of arson in a January Old Strathcona apartment fire is expected to be charged with manslaughter after a body was discovered in the burned building late last month.
Ontario Provincial Police say two people were killed after a car and a transport truck collided in the westbound lanes of Highway 417 near Limoges, Ont. on Tuesday afternoon.
A Quebec man who pleaded guilty to threatening Prime Minister Justin Trudeau and Premier François Legault has been sentenced to 20 months in jail.
Police are investigating after a BMW exploded in the St-Lambert Exo train station parking lot on Montreal's South Shore.
A group of lawyers has written what they call a groundbreaking book about how mental health is perceived in the legal profession.
Quebec provincial police handed out hundreds of fines to Hells Angels members and other supporting motorcycle clubs who met for their 'first run' in a small town near Sherbrooke, Que.
Alberta Ballet's double-bill production of 'Der Wolf' and 'The Rite of Spring' marks not only its final show of the season, but the last production for twin sisters Alexandra and Jennifer Gibson.
A British Columbia mayor has been censured by city council – stripping him of his travel and lobbying budgets and removing him from city committees – for allegedly distributing a book that questions the history of Indigenous residential schools in Canada.
Three men in Quebec from the same family have fathered more than 600 children.
A group of SaskPower workers recently received special recognition at the legislature – for their efforts in repairing one of Saskatchewan's largest power plants after it was knocked offline for months following a serious flood last summer.
A police officer on Montreal's South Shore anonymously donated a kidney that wound up drastically changing the life of a schoolteacher living on dialysis.
Since 1932, Montreal's Henri Henri has been filled to the brim with every possible kind of hat, from newsboy caps to feathered fedoras.
Police in Oak Bay, B.C., had to close a stretch of road Sunday to help an elephant seal named Emerson get safely back into the water.
Out of more than 9,000 entries from over 2,000 breweries in 50 countries, a handful of B.C. brews landed on the podium at the World Beer Cup this week.
Raneem, 10, lives with a neurological condition and liver disease and needs Cholbam, a medication, for a longer and healthier life.