Positive signals from trade talks and rising oil prices helped Canada’s main stock index to reach a near four-week high. In New York, the Dow Jones industrial average gained 256.10 points to reach 23,787.45. The S&P 500 index rose 24.72 points at 2,574.41, while the Nasdaq composite was up 73.53 points at 6,897.00. The Canadian dollar traded at an average of 75.23 cents US compared with an average of 75.11 cents US on Monday. The February crude contract was up US$1.26 at US$49.78 per barrel and the February natural gas contract was up 2.3 cents at US$2.97 per mmBTU.

Source: thestar January 08, 2019 16:18 UTC