Toronto and U.S. stock markets traded higher at late-morning, loonie edges lower
The TSX ticker is shown in Toronto on May 10, 2013. (THE CANADIAN PRESS/Frank Gunn)
The Canadian Press
Published Tuesday, October 30, 2018 11:27AM EDT
Last Updated Tuesday, October 30, 2018 4:23PM EDT
TORONTO - The industrials sector lead a broad rally in Canada's main stock index that saw it join gains of more than one per cent in major U.S. markets.
The S&P/TSX composite index closed up 172.75 points or 1.17 per cent at 14,894.50 as all major indexes outside of utilities rose.
In New York, the Dow Jones industrial average closed up 431.72 points at 24,874.64. The S&P 500 index closed up 41.38 points at 2,682.63, while the Nasdaq composite was up 111.36 points at 7,161.65.
The Canadian dollar averaged 76.14 cents US, down 0.09 of a US cent from Monday.
The December crude contract closed down 86 cents at US$66.18 per barrel and the December natural gas contract ended down a penny at US$3.19 per mmBTU.
The December gold contract ended down US$2.30 at US$1,225.30 an ounce and the December copper contract closed down eight cents at US$2.66 a pound.