Broad-based strength lifted Canada’s main stock index by almost 150 points in late-morning trading, while U.S. markets also rose.
The S&P/TSX composite index was up 144.26 points at 21,670.19.
In New York, the Dow Jones industrial average was up 236.15 points at 38,821.34. The S&P 500 index was up 40.81 points at 5,119.46, while the Nasdaq composite was up 133.11 points at 16,072.70.
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The Canadian dollar traded for 73.98 cents US compared with 73.63 cents US on Tuesday.
The April crude oil contract was up US$2.34 at US$80.49 per barrel and the April natural gas contract was down half a penny at US$1.95 per mmBTU.
The April gold contract was up US$12.90 at US$2,154.80 an ounce and the May copper contract was up half a penny at US$3.89 a pound.
© 2024 The Canadian Press
