North American stock markets rebounded midweek from Tuesday’s losses on positive geopolitical events in Hong Kong and London and some growth signs in China’s services sector.
The S&P/TSX composite index closed up 49.61 points to 16,448.84.
In New York, the Dow Jones industrial average was up 237.45 points at 26,355.47. The S&P 500 index was up 31.51 points at 2,937.78, while the Nasdaq composite was up 102.72 points at 7,976.88.
The Canadian dollar traded for an average of US75.40¢ compared with an average of US74.95¢ on Tuesday.
The October crude contract was up US$2.32 at US$56.26 per barrel and the October natural gas contract was up US8.7¢ at US$2.45 per mmBTU.
The December gold contract was up US$4.50 at US$1,560.40 an ounce and the December copper contract was up US6.7¢ at US$2.60 a pound.