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North American stock markets surge higher; Dow caps 30,000

TORONTO — Canada’s main stock index surged higher Tuesday alongside other North American markets, as the Dow Jones industrial average passed the 30,000-mark for the first time.

The S&P/TSX composite index was up 179.72 points at 17,274.25.

In New York, the Dow Jones industrial average was up 454.97 points at 30,046.24, the S&P 500 index was up 57.82 points at 3,635.41, while the Nasdaq composite was up 156.15 points at 12,036.78.

The Canadian dollar traded for 76.73 cents US compared with 76.44 cents US on Monday.

The January crude contract was up US$1.85 at US$44.91 per barrel and the January natural gas contract was up 7.7 cents at US$2.90 per mmBTU.

The December gold contract was down US$33.20 at US$1,804.60 an ounce and the December copper contract was up more than four cents at nearly US$3.30 a pound.

This report by The Canadian Press was first published Nov. 24, 2020.

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/north-american-stock-markets-surge-higher-dow-caps-30-000-1.5201961

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