Business
Markets higher over fiscal cliff deal
Jan 2, 2013 / 7:13 am
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.
Read more Business News
| Today's Market | ||
| S&P TSX | 12268.29 | -99.17 |
| S&P CDNX | 924.25 | -5.74 |
| DJIA | 15112.19 | -206.04 |
| Nasdaq | 3423.555 | 0.00 |
| S&P 500 | 1628.93 | -22.88 |
| CDN Dollar | 0.9657 | N/A |
| Gold | 1302.50 | -71.20 |
| Oil | 96.39 | -1.85 |
| Lumber | 285.80 | +4.30 |
| Natural Gas | 3.91 | -0.053 |
| Okanagan Companies | ||
| Sun Rype | 6.20 | 0.00 |
| Pacific Safety | 0.045 | -0.01 |
| Knighthawk | 0.02 | 0.00 |
| QHR Technologies Inc | 0.64 | +0.03 |
| Cantex | 0.18 | +0.125 |
| Anavex Life Sciences | 0.695 | 0.00 |
| Metalex Ventures | 0.055 | -0.005 |
| Russel Metals | 25.83 | +0.21 |
| Copper Mountain Mining | 1.73 | -0.06 |
| Colorado Resources | 0.78 | +0.05 |
| ReliaBrand Inc | 0.13 | 0.00 |
Market turbulence takes its tollBig Picture Economic Data Remains the Focus Equity markets around the world continued to decline this week as investors remain focused on the trend of economic data and whether economic growth is stro...
House hunting: finding the right fitWith so many choices and variables, how do you find the perfect fit? Before you start your search, it’s a good idea to narrow down the playing field by looking at what would fit you best. Here&r...
Reflections on waterMy closest partner is my wife and this week I just wanted to share some of our work from her perspective, as she is more of a "thinker" than me, and I wanted to share our activities and goa...
_
- Mining, oil and gas companies to face tougher rules around disclosing payments
- TSX adds to losses over central bank concerns
- Asian markets down over concerns
- Global energy companies 'dead serious' about B.C. natural gas, says minister
- Teletoon Canada plans to air 'Inspector Gadget' reboot
- TSX drops in early market trading
- Canadian dollar takes a hit
- Apple unveils music streaming service
- What's up Apple?
- Canadian dollar rises on job report
- Tom Cruise backs Wal-Mart
- Royal Bank to edge up mortgage rates
Showcase your business like no other marketing can and Join the growing number of businesses that get more customers.
Learn more here
