The TSX composite was marginally higher, rising 19.28 points to 12,441.99 in mid-morning trading on Wednesday. The Dow rose 43.21 to 13,607.85, while NASDAQ gained 4.01 to 3,181.81.
In Toronto, the financial gains Enbridge Inc. (T.ENB) forecasts will flow from its proposed Northern Gateway pipeline to Canada's West Coast are based on rosier oil production predictions than the company shares with its own investors and analysts. On Wednesday, the company’s stock dropped 0.6% and was trading at $38.38 a share.
The price of gold fell US$0.765 to US$1,771.12 an ounce, while silver lost US$0.236 to U$34.58 an ounce.