Canadian stocks jumped to fresh record highs Tuesday, kicking the brand-new year off with a bang.
The TSX Composite Index rose 95.26 points to 16,304.39, powered by energy and health care stocks.
Marijuana stocks remained red-hot as California legislated leisure puff. Aurora Cannabis surged after reporting record regular monthly sales in November.
Gold stocks also followed rare-earth element rates higher.
Nutrien (NTR.TO) had a strong launching on the TSX. The brand-new company is development of Agrium and Potash, which recently combined.
The Canadian dollar strengthened to 80 cents U.S. for the very first time because October.
Feb. WTI oil fell 5 cents, or less than 0.1%, to settle at $60.37/ bbl.
Overseas, the UK production activity grew highly at the end of 2017, though the pace of growth moderated somewhat, information released by IHS Markit showed Tuesday.
The IHS Markit/Chartered Institute of Procurement & & Supply factory Purchasing Managers’ Index fell to 56.3 in December from November’s 51-month high of 58.2.
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