TSX ends scary October with second day of triple-digit gains; U.S. also rises

TSX ends scary October with second day of triple-digit gains; U.S. also rises
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TORONTO — Canada’s main stock index ended a frightening October trading session on a positive by posting a triple-digit gain for a second day in a row.

October is typically a seasonally weak month, but heading into Halloween day trading it was the worst in a decade before the uptick.

The S&P/TSX composite index closed up 132.78 points to 15,027.28 on broad-based gains led by the health-care sector, which includes the big marijuana companies.

In New York, the Dow Jones industrial average gained 241.12 points to 25,115.76. The S&P 500 index was up 29.11 points to 2,711.74, while the Nasdaq composite rose 144.25 points at 7,305.90.

The Canadian dollar traded at an average of 76.09 cents US compared with an average of 76.14 cents US on Tuesday.

The December crude contract was down 87 cents at US$65.31 per barrel and the December natural gas contract was up 7.4 cents US$3.26 per mmBTU.

The December gold contract was down US$10.30 at US$1,215.00 an ounce and the December copper contract was up half a cent at US$2.66 a pound.

The Canadian Press

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