Tuesday, July 22nd19.5°C
21452
21755

Markets higher over fiscal cliff deal

Stock markets raced higher shortly after the open as investors returned to trading for the first time since the U.S. Congress agreed on measures to avoid the so-called "fiscal cliff."

The S&P/TSX composite index gained 149.28 points to 12,582.81 while the TSX Venture Exchange was ahead 18.65 points to 1,239.95.

On Wall Street, the Dow Jones industrial jumped 233.60 points to 13,337.74, the Nasdaq rose 81.83 points to 3,101.34 and the S&P 500 index gained 28.87 points to 1,455.06.

In commodities, oil prices rose with the February contract on the New York Mercantile Exchange ahead $1.62 to US$93.44 a barrel.

Gold prices picked up with the March bullion contract ahead $12.10 to US$1,687.90 an ounce. Copper prices for the March contract were up 8.4 cents to US$3.65 a pound.

The Canadian dollar rose 1.15 of a cent to 101.66 cents US.

The Canadian Press


Read more Business News

22704


Recent Trending




Today's Market
S&P TSX15336.59+86.60
S&P CDNX1010.393.91
DJIA17124.8973.16
Nasdaq4461.02+36.316
S&P 5001985.33+11.70
CDN Dollar0.9310-0.0003
Gold1313.40+4.2001
Oil104.50-0.09
Lumber334.50+8.20
Natural Gas3.794-0.055

 
Okanagan Companies
Pacific Safety0.185-0.015
Knighthawk0.01-0.005
QHR Technologies Inc1.150.00
Cantex0.055-0.005
Anavex Life Sciences0.34-0.008
Metalex Ventures0.07+0.005
Russel Metals35.39+0.40
Copper Mountain Mining2.76+0.07
Colorado Resources0.20-0.005
ReliaBrand Inc0.10+0.019
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.19+0.01

 



22439

FEATURED Property
12301383665 Luxmoore Road
$745,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Labour shortage in BC

The mainstream media are finally waking up to something unusual in British Columbia – a labour shortage. If the experience of Alberta is a guide to our own future, the highly skilled labour will...


Learn to delegate effectively

Photo: ContributedI have the pleasure of witnessing people delegate tasks quite often. Sometimes with tremendous success and sometimes with disastrous consequences. I have chaired a lot of committees...


Euro debt woes re-emerge

Big Picture Euro debt woes re-emerge Europe’s debt woes jumped back into the headlines this week trumping other economic, geopolitical and corporate developments. Word that one of Portugal&rsquo...

_








Member of BC Press Council


22707