S&P/TSX up more than 300 points in late morning trade, U.S. markets also up - BNN Bloomberg
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Article Excerpt
Markets in Toronto and New York were given a jolt Wednesday as oil prices fell after President Donald Trump said the U.S. and Iran could be nearing a deal to end the current war.
The S&P/TSX composite index was up 420.58 points at 34,161.82.
In New York, the Dow Jones industrial average was up 645.47 points at 50,009.35. The S&P 500 index was up 79.36 points at 7,432.97, while the Nasdaq composite was up 399.65 points at 26,270.36.
Those gains erased losses from Monday and Tuesday, as the market seems to be “taking (Trump) on his word,” said Michael Currie, senior investment adviser at TD W…
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