(The Canadian Press)

North American stock markets open higher after strong showing Tuesday, loonie up

The Canadian dollar traded for 69.88 cents US compared with an average of 69.01 cents US on Tuesday

Canada’s main stock index posted a triple-digit advance at the start of trading, adding to gains Tuesday that saw it advance more than 1,000 points or nearly 12 per cent.

The S&P/TSX composite index was up 206.47 points at 12,777.55.

In New York, the Dow Jones industrial average was up 668.77 points at 21,373.68. The S&P 500 index was up 48.66 points at 2,495.99, while the Nasdaq composite was up 125.63 points at 7,543.49.

The Canadian dollar traded for 69.88 cents US compared with an average of 69.01 cents US on Tuesday.

The May crude contract was down 56 cents at US$23.45 per barrel and the May natural gas contract was up 0.7 of a cent at US$1.74 mmBTU.

The April gold contract was down US$16.80 at US$1,644.00 an ounce and the May copper contract was up 0.15 of a cent at US$2.18 a pound.

READ MORE: It could take 3 years for stock market to recover, says B.C. economist

The Canadian Press


Like us on Facebook and follow us on Twitter.

Coronaviruseconomy

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

WATCH: Kelowna country singer serenades Predator Ridge residents

Melissa Livingstone wanted to help spread joy through music

COVID-19: Government response to people experiencing homelessness in Kelowna

BC Housing announces 20 bed shelter for isolation, Journey Home coordinating community efforts

Kelowna author raising money for scholarships

Roxi Harms said all book proceeds go to the scholarship fund

Coming together to Do Some Good

The Kelowna Capital News and Lake Country Calendar join a local tech company to support community causes

West Kelowna lowers tax increase from 4.8% to 2.8% amid COVID-19 pandemic

The municipality also waived interest on utility bills through 2020

Canadians awake to extra COVID-19 emergency benefit money, fear it’s a mistake

The CRA and federal officials are working to clarify the confusion around payments

UPDATE: Coronavirus concerns prompt event cancellations across the Okanagan

This is a running list of events cancelled across the Okanagan

Kettle Valley Steam Railway cancels Easter trains

Decision comes as a result of COVID-19 pandemic

Straight from DeHart

Creating some Easter fun with PepsiCo’s help

Video: Wildfire near Chase being held by fire crews

BC Wildfire Service reports blaze believed to have been human caused

Coronavirus cancels rural Okanagan communities biggest events

The 65th annual event celebrating the village’s incorporation was set for June 12-14; will go in 2021

B.C. secures motel, hotel rooms for COVID-19 shelter space

Community centres, rooms reserved for pandemic self-isolation

Sanders drops 2020 bid, leaving Biden as likely nominee

Sanders plans to talk to his supporters later Wednesday

Most Read