Toronto stock index up modestly as Wall Street hits another record high

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TORONTO _ North American markets nudged higher today as the U.S. Federal Reserve’s latest meeting minutes signalled a December rate hike is still on track.

The Toronto Stock Exchange’s S&P/TSX composite index was up 30.04 points to 15,800.40.

In New York, it was another record-setting day on Wall Street. The Dow Jones industrial average added 42.21 points at 22,872.89, the S&P 500 index was up 4.60 points at 2,555.24 and the Nasdaq composite index gained 16.30 points to 6,603.55.

The Canadian dollar was trading at an average price of 80.01 cents US, up 0.02 of a cent.

In commodities, the November crude contract added 38 cents to US$51.30 per barrel and the November natural gas contract was unchanged at US$2.89 per mmBTU.

The December gold contract was down $4.90 to US$1,288.90 an ounce and the December copper contract was up four cents to US$3.10 a pound.

 

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