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Business

Markets higher over fiscal cliff deal

by The Canadian Press - Story: 85281
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.

The Canadian Press


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Today's Market

S&P TSX 12742.43 +129.38
S&P CDNX 939.41 +4.73
DJIA 15387.58 +52.30
Nasdaq 3498.965 +33.722
S&P 500 1669.16 +2.87
Gold 1378.20 +0.3999
Lumber 316.00 -4.50
Oil 96.05 -0.66
Natural Gas 4.198 +0.006
CDN Dollar 0.9742 N/A

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Okanagan Companies

Sun Rype 6.25 +0.25
Pacific Safety 0.05 +0.005
Knighthawk 0.02 0.00
QHR Technologies Inc 0.61 +0.06
Cantex 0.015 0.00
Anavex Life Sciences 0.55 +0.02
Metalex Ventures 0.085 +0.01
Russel Metals 27.15 +0.50
Copper Mountain Mining 1.62 +0.10
Colorado Resources 1.56 +0.08
ReliaBrand Inc 0.13 0.00

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