Canada’s TSX index inched higher for a second day in a row on Wednesday thanks to continued support from technology stocks, including Constellation Software (1.84%) and Descartes Systems Group (3.42%).
In the U.S., the Nasdaq, S&P 500 and the Dow hit record closing highs, also driven by technology stocks, as well as comments by Federal Reserve Chair Jerome Powell about a strengthening U.S. economy.
The Canadian dollar traded for 71.09 cents U.S. compared to 71.14 cents U.S. on Tuesday.
U.S. crude futures traded US$1.24 lower to US$68.71 per barrel, and the Brent contract added US$0.10 to US$72.41 per barrel.
The price of gold was up by US$6.4 to US$2,674.30 per ounce.
In world markets, the Nikkei was up by 27.53 points to 39,276.39, the Hang Seng was down by 3.86 points to 19,742.46, the FTSE was down by 23.60 points to 8,335.81, and the DAX was up by 215.39 points to 20,232.14.
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(Top image, generated by AI: Adobe Stock)