TORONTO - Canada’s main stock index resumed its upward trajectory as investors responded to supportive news on both sides of the border. Investors appeared to have had a delayed positive reaction to Wednesday’s dovish outlook by the U.S. Federal Reserve. Nine of the market’s 11 major sectors posted gains, with the exception of cannabis-heavy health care and financials. The S&P 500 index was up 30.65 points at 2,854.88, while the Nasdaq composite was up 109.99 points at 7,838.96. The April gold contract was up US$5.60 at US$1,307.30 an ounce and the May copper contract was down 1.5 cents at US$2.91 a pound.

Source: thestar March 21, 2019 15:24 UTC