Skip to main content

Strength of CNR shares helps power S&P/TSX composite further into record territory

Share
TORONTO -

Canada's main stock index moved further into record territory as shares of country's railways climbed and offset the impact of inflation rising in September at its fastest pace in 18 years.

The S&P/TSX composite index closed up 101.20 points to 21,188.19.

In New York, the Dow Jones industrial average was up 152.03 points at 35,609.34. The S&P 500 index was up 16.56 points at 4,536.19, while the Nasdaq composite was down 7.41 points at 15,121.68.

The Canadian dollar traded for 81.11 cents US compared with 80.93 cents US on Tuesday.

The December crude contract was up 98 cents at US$83.42 per barrel and the November natural gas contract was up 8.2 cents at US$5.17 per mmBTU.

The December gold contract was up US$14.40 at US$1,784.90 an ounce and the December copper contract was up 3.2 cents at US$4.73 a pound.

This report by The Canadian Press was first published Oct. 20, 2021.

CTVNews.ca Top Stories

Countries struggle to draft 'pandemic treaty' to avoid mistakes made during COVID

After the coronavirus pandemic triggered once-unthinkable lockdowns, upended economies and killed millions, leaders at the World Health Organization and worldwide vowed to do better in the future. Years later, countries are still struggling to come up with an agreed-upon plan for how the world might respond to the next global outbreak.

Local Spotlight

Stay Connected