The TSX added 1.3 per cent on Wednesday reflecting cross-industry gains highlighted by mining, financial, utility and industrial stocks, with the price of oil falling slightly after Iran rejected the US’s 15-point plan to halt the ongoing war, including placing limits on the oil-rich nation’s missile capabilities and a rollback of its nuclear program, with hopes of returning the oil and gas market to a sense of normality.
US stocks also trended higher, with investors viewing Iran’s counterproposal to the US as a sign of progress, stipulating war reparations, that its officials cease to be targeted and its sovereignty over the Strait of Hormuz.
| TSX | 32,382.6 | +441.01 |  |
| TSXV | 947.64 | +8.66 | |
| CSE | 167.89 | +0.61 | |
| DJIA | 46,429.49 | +305.43 | |
| NASDAQ | 21,929.83 | +167.93 | |
| S&P 500 | 6,591.90 | +35.53 | |
The Canadian dollar traded for US$0.7240, down from US$0.7263 on Tuesday.
US crude futures traded US$1.06 lower at US$91.29 per barrel, while the Brent contract traded US$0.80 higher to US$98.06 per barrel.
The price of gold was up by US$101.50 to US$4,503.50 per ounce.
In world markets, the Nikkei added 1,497.34 points to 53,749.62, the Hang Seng added 272.24 points to 25,335.95, the FTSE added 141.68 points to 10,106.84, while the DAX was up by 320.17 points to 22,957.08.
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