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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


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S&P TSX14924.99-51.93
S&P CDNX907.89-4.87
DJIA17027.07-44.15
Nasdaq4489.464-16.389
S&P 5001969.51-8.29
CDN Dollar0.8923-0.0036
Gold1211.40-7.40
Oil89.80-2.98
Lumber333.20+4.30
Natural Gas4.139-0.015

 
Okanagan Companies
Pacific Safety0.13-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.23+0.01
Cantex0.07-0.02
Anavex Life Sciences0.184-0.001
Metalex Ventures0.0550.00
Russel Metals34.46-0.03
Copper Mountain Mining2.49-0.03
Colorado Resources0.150.00
ReliaBrand Inc0.024+0.004
Sunrise Resources Ltd0.065+0.045
Mission Ready Services0.33-0.01

 





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