Canada’s TSX index closed higher on Tuesday driven by healthcare and base metal stocks, partially offset by losses in financials and information technology.
The S&P 500 and Nasdaq surpassed record highs by Tuesday’s close thanks to strength in technology, including excitement over Amazon’s new AI models, and indications from the Federal Reserve that inflation is on its way down.
The Canadian dollar traded for 71.08 cents U.S. compared to 71.14 cents U.S. on Monday.
U.S. crude futures traded US$1.85 higher to US$69.95 per barrel, and the Brent contract fell by US$0.02 to US$73.60 per barrel.
The price of gold was up US$6.80 to US$2,665.30 per ounce.
In world markets, the Nikkei was up by 735.84 points to 39,248.86, the Hang Seng was up by 196.03 points to 19,746.32, the FTSE was up by 46.52 points to 8,359.41, and the DAX was up by 83.13 points to 20,016.75.
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(Top image, generated by AI: Adobe Stock)