Canada’s primary stock index saw a surge of nearly 100 points during late-morning trading, boosted by the strength of base metal stocks, although U.S. stock markets had varying performance.
The S&P/TSX composite index rose by 94.62 points to reach 22,007.14.
In New York, the Dow Jones industrial average went up by 232.85 points to 39,515.18. The S&P 500 index increased by 14.33 points to 5,217.91, whereas the Nasdaq composite declined by 3.24 points to 16,312.46.
The value of the Canadian dollar in comparison to the U.S. dollar was 73.62 cents US, down from 73.68 cents US on Tuesday.
The May crude oil contract decreased by 31 cents to US$81.31 per barrel, while the May natural gas contract dropped by eight cents to US$1.71 per mmBTU.
The June gold contract rose by US$14.10 to US$2,213.30 per ounce, and the May copper contract went down by two cents to US$3.99 per pound.
