Major stock indices in Canada and the United States finished higher today as investors seemed to shrug off a number of emerging geopolitical risks. In Toronto, the S&P/TSX composite index climbed 91.59 points to 15,629.47, helped largely by a jump from the energy sector. In New York, the Dow Jones industrial average gained 85.33 points to 20,981.94. The broader S&P 500 index added 11.42 points at 2,402.32, while the tech-heavy Nasdaq composite index was ahead 28.44 points to 6,149.67 — both finishing with record closes. Oil prices rose as optimism continued to build that OPEC will agree to continue cutting production at a highly-anticipated meeting next week.
Source: thestar May 15, 2017 15:46 UTC