Canada’s main stock index saw its third day of minute growth on Wednesday, as optimism grew in the US over potential trade agreements with its partners. This followed a deal with Japan that shielded Tokyo from new tariffs in return for a US$550-billion commitment in American-bound investments and loans. Even so, the TSX hit a new intraday record high.
Meanwhile, hopes for a US-EU trade deal rose after President Trump announced on Tuesday that European Union officials would arrive for negotiations the following day. The Dow is a stone’s throw from another record high.
| TSX | 27,416.41 | +51.98 | |
| TSXV | 804.48 | -1.90 | |
| CSE | 128.50 | -0.85 | |
| DJIA | 45,010.29 | +507.85 | |
| NASDAQ | 21,020.02 | +127.33 | |
| S&P 500 | 6,358.91 | +49.29 | |
The Canadian dollar traded for 73.52 cents US compared to 73.50 cents US on Tuesday.
US crude futures traded $0.15 higher at US$65.46 a barrel, and the Brent contract rose $0.11 to US$68.70 a barrel.
The price of gold was down US$40.93 to US$3,388.93.
In world markets, the Nikkei was up 1,396.40 points to ¥41,171.32, the Hang Seng was up 408.04 points to HK$25,538.07, the FTSE was up 37.68 points to ₤9,061.49, and the DAX was up 198.92 points to €24,240.82.
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