Canadian stocks rallied on Wednesday, led by mining shares, after a ceasefire between the U.S. and Iran improved market sentiment and reduced concerns over energy supply disruptions and inflation.
As expected, US markets followed suit, rebounding on news of the pause in a conflict that had restricted a key global energy route and weighed on stocks for the past five weeks.
| TSX | 33,620.57 | +383.05 |  |
| TSXV | 982.58 | +13.88 | |
| CSE | 166.31 | +4.95 | |
| DJIA | 47,909.92 | +1,325.46 | |
| NASDAQ | 22,635.00 | +617.15 | |
| S&P 500 | 6,782.81 | +165.96 | |
The Canadian dollar traded for 72.26 cents US compared to 71.97 cents US on Tuesday.
US crude futures traded US$17.02 lower at US$95.93 a barrel, and the Brent contract lost US$13.17 to US$95.88 a barrel.
The price of gold was up US$67.61 to US$4,727.56.
In world markets, the Nikkei was up 2,878.86 points to ¥56,308.42, the Hang Seng was up 776.49 points to HK$25,893.02, the FTSE was up 260.09 points to ₤10,608.88, and the DAX was up 1,159.04 points to €24,080.63.
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