The S&P/TSX composite index increased by 77.22 points to 21,937.80 due to strength in utility and technology stocks. At the same time, U.S. stock markets also rose.
The S&P/TSX composite index went up by 77.22 points, reaching 21,937.80.
In New York, the Dow Jones industrial average increased by 32.80 points to 39,143.56. The S&P 500 index rose by 3.84 points to 5,182.35, while the Nasdaq composite went up by 11.05 points to 16,177.84.
The value of the Canadian dollar against the US dollar was 73.68 cents compared with 73.63 cents on Tuesday.
The May crude contract fell by US$1.39 to US$81.34 per barrel, and the May natural gas contract dropped by three cents to US$1.85 per mmBTU.
The April gold contract increased by US$1.40 to US$2,161.10 per ounce, and the May copper contract decreased by two cents to US$4.06 per pound.
