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TSX sets record

UPDATE 1:30 p.m.

Canada's main stock index closed at a record high Wednesday, boosted by a broad-based rally let by healthcare, energy, and consumer staples stocks.

The S&P/TSX composite index closed up 104.42 points at 16,420.95, topping its previous record of 16,412.94 set January 4, 2018.

In New York, the Dow Jones industrial average closed down 42.41 points at 24,657.80. The S&P 500 index ended up 4.73 points at 2,767.32 and the Nasdaq composite index was up 55.92 points at 7,781.51, a record high.

The loonie averaged 75.18 cents US, down 0.14 of a US cent.

The August crude contract closed up 81 cents at US$65.71 per barrel and the July natural gas contract ended up six cents at US$2.96 per mmBTU.

The August gold contract closed down US$4.10 at US$1,274.50 an ounce and the July copper contract closed down a penny at US$3.04 a pound.


ORIGINAL 1:13 p.m.

Canada's main stock index closed at a record high Wednesday, boosted by a broad-based rally on the market.

The S&P/TSX composite index closed up 104.42 points at 16,420.95, topping its previous record of 16,412.94 set January 4, 2018.

More to come...



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