North American markets rise

TSX gains 33.61 points, led by industrials and tech sectors

The industrials and technology sectors helped Canada’s main stock index close higher as U.S. stock markets also ended up.

The S&P/TSX composite index gained 33.61 points at 16,318.14.

In New York, the Dow Jones industrial average closed up 115.97 points at 25,648.02. The S&P 500 index ended up 16.55 points at 2,850.96, while the Nasdaq composite was up 87.65 points at 7,822.15.

The Canadian dollar averaged US74.34¢, compared with an average of US74.24¢ on Tuesday, after Statistics Canada said the consumer price index posted a year-over-year increase of 2% last month.

The June crude contract closed up US24¢ at US$62.02 per barrel and the June natural gas contract was down US6¢ US$2.60 per mmBTU.

The June gold contract was up US$1.50 at US$1,297.80 an ounce and the July copper contract was up two cents at US$2.74 a pound.