(The Canadian Press)

North American stock markets open higher after strong showing Tuesday, loonie up

The Canadian dollar traded for 69.88 cents US compared with an average of 69.01 cents US on Tuesday

Canada’s main stock index posted a triple-digit advance at the start of trading, adding to gains Tuesday that saw it advance more than 1,000 points or nearly 12 per cent.

The S&P/TSX composite index was up 206.47 points at 12,777.55.

In New York, the Dow Jones industrial average was up 668.77 points at 21,373.68. The S&P 500 index was up 48.66 points at 2,495.99, while the Nasdaq composite was up 125.63 points at 7,543.49.

The Canadian dollar traded for 69.88 cents US compared with an average of 69.01 cents US on Tuesday.

The May crude contract was down 56 cents at US$23.45 per barrel and the May natural gas contract was up 0.7 of a cent at US$1.74 mmBTU.

The April gold contract was down US$16.80 at US$1,644.00 an ounce and the May copper contract was up 0.15 of a cent at US$2.18 a pound.

READ MORE: It could take 3 years for stock market to recover, says B.C. economist

The Canadian Press


Like us on Facebook and follow us on Twitter.

Coronaviruseconomy

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

SD 51 aims to reach students online, working with families to get access to tech

Teachers have been contacting families directly to talk over students’ needs, outlook for e-education

FortisBC offers 90-day bill deferrals to customers impacted by COVID-19

Customers can apply for the relief program through the utility’s website

Grand Forks and Boundary cancellations, changes due to COVID-19

This newspaper’s list of community events, institutions that change or cancel due to pandemic

Christina Lake, Rock Creek cannabis growers see shared opportunity

Two companies in the Boundary have signed a letter of intent to work together in industry

Snowpack measurements ‘promising’: RDKB

Measurements show Boundary snowpack just high of average range

COVID-19: 4 new deaths, 25 new cases but only in Vancouver Coastal, Fraser Health

A total of 1,291 people have tested positive for the novel coronavirus

Blasting through the West Kootenay

80 years ago; ‘Pretty near all the people from Fruitvale were working on it’

COVID-19: Don’t get away for Easter weekend, Dr. Bonnie Henry warns

John Horgan, Adrian Dix call 130 faith leaders as holidays approach

COVID-19: Trudeau says 30K ventilators on the way; 3.6M Canadians claim benefits

Canada has seen more than 17,000 cases and at least 345 deaths due to COVID-19

RCMP call on kids to name latest foal recruits

The baby horses names are to start with the letter ‘S’

As Canadians return home amid pandemic, border crossings dip to just 5% of usual traffic

Non-commercial land crossing dipped by 95%, air travel dropped by 96 per cent, according to the CBSA

Logan Boulet Effect: Green Shirt Day calls on Canadians to become organ donors

While social distancing, the day also honours the 16 lives lost in the 2018 Humboldt Broncos Crash

COMMENTARY: Knowing where COVID-19 cases are does not protect you

Dr. Bonnie Henry explains why B.C. withholds community names

Most Read