Read more" />

North American markets rally on corporate earnings, eased geopolitical tensions

North American markets rallied Wednesday in opposition to the backdrop of one other day of robust company earnings in addition to easing investor anxiousness about U.S.-China relations.

The S&P/TSX composite index was up 40.61 factors at 19,545.94.

In New York, the Dow Jones industrial common was up 416.33 factors at 32,810.50. The S&P 500 index was up 63.98 factors at 4,155.17, whereas the Nasdaq composite was up 319.40 factors at 12,668.16.

Learn extra:

North American markets end July strong after a busy week of earnings, Fed decision

The Canadian greenback traded for 77.80 cents US in contrast with 77.78 cents US on Tuesday.

The September crude contract was down US$3.76 at US$90.66 per barrel and the September pure fuel contract was up 56 cents at US$8.27.

Story continues beneath commercial

The October gold contract was down US$13.30 at US$1,776.40 an oz. and the September copper contract was down 5 cents at US$3.47 a pound.

© 2022 The Canadian Press

Leave a Comment