In a repeat performance, Canada’s main stock index finished the day higher on Tuesday, supported by gains in mining and energy stocks. Precious metals rebounded after their sharpest two-day decline in decades, and oil prices also moved upward.
The Dow Jones Industrial Average briefly hit a record high as investors shifted money out of technology stocks and into sectors more directly tied to economic growth.
The Canadian dollar traded for 73.29 cents US compared to 73.16 cents US on Monday.
US crude futures traded US$1.40 higher at US$63.54 a barrel, and the Brent contract rose US$1.31 to US$67.61 a barrel.
The price of gold was up US$298.56 to US$4,932.44.
In world markets, the Nikkei was up 2,065.48 points to ¥54,720.66, the Hang Seng was up 59.20 points to HK$26,834.77, the FTSE was down 26.97 points to ₤10,314.59, and the DAX was down 16.73 points to €24,780.79.
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