It was a good day for Canada’s main stock index thanks to gains from technology, energy and healthcare stocks. Bausch Health grew on quarterly revenue beat and Enerplus rose on news it would be acquired by U.S. energy firm Chord with an enterprise value of US$11 billion. Japan’s Nikkei hit a record high, surpassing the previous high in 1989 despite dismal business activity data.
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The S&P 500 rallied to another all-time high and the Nasdaq almost beat its record when it rose to a high not seen since 2021. Chip giant Nvidia reported much stronger-than-expected quarterly results, which gave the broader tech sector a lift. The 30-stock Dow Jones Industrial Average also scored an all-time intraday high after news it was booting Walgreens to add Amazon.
| TSX | 21,318.08 | +145.70 |  |
| TSXV | 553.25 | +3.23 | |
| CSE | 189.48 | +5.06 | |
| DJIA | 39,069.11 | +456.87 | |
| NASDAQ | 16,041.62 | +460.75 | |
| S&P 500 | 5,086.95 | +105.15 | |
The Canadian dollar traded for 74.16 cents compared to 74.03 cents U.S. on Wednesday.
U.S. crude futures traded $0.51 higher at $78.42 a barrel, and the Brent contract added $0.49 to $83.52 a barrel.
The price of gold was down US$1.23 to US$2,024.59.
In world markets, the Nikkei was up 836.52 points to 39,098.68, the Hang Seng was up 239.85 points to 16,742.95, the FTSE was up 21.98 points to 7,684.49, and the DAX was up 252.33 points to 17,370.45.
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