Stock markets in Toronto and New York ended the trading day moderately higher as political and economic news dominated the headlines. The S&P/TSX composite index climbed 50.95 points to 15,423.09, helped by gains in the metals and financials sectors. On Wall Street, the Dow Jones industrial average jumped 8.84 points to 21,182.53 while the S&P 500 index advanced 0.65 of a point to 2,433.79. The tech-heavy Nasdaq composite index climbed 24.38 points to 6,321.76, a new record high. Read more:Trump lied, told me to stop the Flynn investigation and fired me over Russia, Comey testifiesThe gains came amid testimony by former FBI director James Comey about Russia’s possible meddling in the U.S. election, a monetary policy meeting of the European Central Bank and the U.K. election.

Source: thestar June 08, 2017 15:48 UTC