Canada's main stock index finished higher, led higher by broad gains across all sectors, while U.S. stock markets were also up. 

The S&P/TSX Composite Index was up 105.26 points, or 0.54 per cent, at 19,694.16.

In New York, the Dow Jones Industrial Average was up 336.26 points, or more than one per cent, at 32,155.40. The S&P 500 Index was up 64.80 points, or 1.7 per cent, at 3,920.56, while the Nasdaq Composite was up 239.31 points, or 2.1 per cent, at 11,428.15.

The Canadian dollar traded for 73.12 cents U.S., compared with 72.83 cents U.S. on Monday. 

The April crude contract was down US$3.47 at US$71.33 per barrel and the April natural gas contract was down three cents at US$2.57 per mm/BTU.

The April gold contract was down US$5.60 at US$1,910.90 an ounce and the May copper contract was down five cents at US$4.00 a pound.