Sep 18, 2018
TSX has best day in 2 months; U.S. markets positive
The Canadian Press
TORONTO -- Canada's main stock market posted its largest daily gain in more than two months as trade optimism and a lower U.S. dollar fuelled increases to the Canadian dollar and the price of crude.
The S&P/TSX composite index was up 113.73 points to 16,196.04.
In New York, the Dow Jones industrial average was up 184.84 points to 26,246.96. The S&P 500 index was up 15.51 points to 2,904.31, while the Nasdaq composite was up 60.35 points at 7,956.11.
The Canadian dollar traded at an average of 76.97 cents US compared with an average of 76.81 cents US on Monday.
The November crude contract was up 91 cents at US$69.59 per barrel and the October natural gas contract was up 11.9 cents at US$2.93 per mmBTU.
The December gold contract was down US$2.90 at US$1,202.90 an ounce and the December copper contract was up 7.95 cents at US$2.73 a pound.
