(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

No more ferries will sail from Departure Bay, Mill Bay, Brentwood Bay during COVID-19 pandemic

B.C. Ferries announces major changes to sailing schedules for 60 days starting Saturday, April 4

Qualicum Beach Farmers Market to re-open on Saturday, April 4

Only fresh, frozen, prepared items to be sold

COVID-19: Nanoose Bay woman celebrates 90th birthday with Model T ride as neighbours line streets

WATCH: Pandemic ruined plans for a party, so friends got creative

COVID-19: ‘The Ballad of Bonnie Henry’ recorded and released

LISTEN: Quick turnaround for song penned by Qualicum Beach musician Phil Dwyer

VIDEO: ‘Used gloves and masks go in the garbage,’ says irked B.C. mayor

Health officials have said single-use gloves won’t do much to curb the spread of COVID-19

Unclear if Cowichan couple refusing to self-isolate will face penalty

No fines or charges have been laid to date, including Cowichan couple who won’t self isolate

Sex workers face new risks during COVID-19 pandemic

‘Desperation has kicked in’ for vulnerable, undocumented workers unable to access help

COVID-19: Postponed surgeries will be done, B.C. health minister says

Contract with private surgical clinic to help clear backlog

Nanaimo man arrested after allegedly setting house fire

Firefighters arrived to find mobile home ablaze on Barnes Road in Cedar on Thursday

COVID-19 PQB business update: looking for takeout food?

Email messages to editor@pqbnews.com

Black Press Media ad sparks discussion about value of community newspapers

White Rock resident hopes front-page note shines light on revenue loss during COVID-19 crisis

Couple won’t self-isolate after returning from overseas: Cowichan by-law

New law requires 14 days of self-isolation when returning to Canada

Most Read