North American stock markets more to record highs on trade optimism

North American stock markets more to record highs on trade optimism
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TORONTO — North American stock markets ended a week of losses by setting record highs on renewed signs of a trade deal between the world’s two largest economies.

The S&P/TSX composite index closed up 78.02 points at 17,032.86 after hitting an intraday record.

In New York, the Dow Jones industrial average was up 190.85 points at 28,066.47. The S&P 500 index was up 23.35 points at 3,133.64, while the Nasdaq composite was up 112.60 points at 8,632.49.

The Canadian dollar traded for 75.15 cents US compared with an average of 75.26 cents US on Friday.

The January crude contract was up 24 cents at US$58.01 per barrel and the January natural gas contract was down 12.6 cents at US$2.58 per mmBTU.

The December gold contract was down US$6.70 at US$1,456.90 an ounce and the December copper contract was unchanged at US$2.65 a pound.

This report by The Canadian Press was first published Nov. 25, 2019.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press

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