UPDATE: TSX Matches Gains Made Tuesday, Before A Two Day Holiday Shutdown

By MidnightTrader.com Staff,

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Canada's main stock market, the Toronto Stock Exchange, picked up where it left off in a shortened Christmas Eve trading session and before two full days where the market was closed. Today, it matched Tuesday's near 70 points gain, with the resources rich index buoyed by higher commodities.

All sectors bar Info Tech were higher in late trade. Utilities turned slightly positive right at the end of the day.

Gold futures continued to rally as the U.S. dollar struggled against a revived euro and silver - which has had a tough year - climbed to its highest levels in a week. Also, oil rose above US$100 a barrel as data showed U.S. supplies fell to their the lowest level since September.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
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