Canadian bonds convene as oil prices and loonie stabilize
Canada’s categorical batch index surged some-more than 200 points in a broad-based allege as U.S. bonds rallied for a second event in a row, erasing some of a large waste suffered final week.
The gains came after a Toronto batch index forsaken some-more than 8 per cent from a all-time high and heading Wall Street indexes slumped into a 10 per cent improvement for a initial time in dual years.
The SP/TSX combination index modernized 207.35 points or 1.38 per cent to 15,241.88, with materials and bullion bonds heading a way.
In New York, a Dow Jones industrial normal soared 410.37 points or 1.70 per cent to 24,601.27. The SP 500 index was adult 36.45 points or 1.39 per cent to 2,656.00, and a Nasdaq combination index was adult 107.47 points or 1.56 per cent to 6,981.96.
The Canadian dollar sealed an normal trade value of 79.35 cents US, adult 0.04 of a U.S. cent — putting an finish to final week’s five-day slide.
The Mar wanton agreement was adult 9 cents to US$59.29 per tub after pointy drops all of final week and a Mar healthy gas agreement was down 3 cents during US$2.55 per mmBTU.
The Apr bullion agreement was adult US$10.70 to US$1,326.40 an unit and a Mar copper agreement was adult 5 cents to US$3.09 a pound.
Article source: http://www.cbc.ca/news/business/canada-stocks-markets-1.4532268?cmp=rss