By the numbers: North American stocks show recovery after days of tumult | iNFOnews | Thompson-Okanagan's News Source

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By the numbers: North American stocks show recovery after days of tumult

August 26, 2015 - 2:01 PM

TORONTO - North American stocks rose on Wednesday as the markets recovered from a slump driven by concerns about the health of the Chinese economy. Here are some key numbers:

TORONTO STOCKS: The S&P/TSX composite shot up 230.66 points, or 1.75 per cent, to end the day at 13,381.59. The index still hasn't fully recovered from Monday's losses, a 3.1 per cent drop. The TSX had rebounded slightly on Tuesday, gaining 0.8 per cent.

NEW YORK STOCKS: The three major American indexes gained much of their losses back from the previous two days, when all three fell by between four and five per cent. The Dow Jones industrial average climbed four per cent on Wednesday. The Standard & Poor's 500 index posted its biggest gain since November 2011, jumping 3.9 per cent. The Nasdaq composite surged 4.2 per cent.

The three major U.S. indexes had dropped six days in a row heading into Wednesday, the longest market slide in more than three years.

ASIAN MARKETS: Markets in Asia were mixed following two days of widespread losses. The main Shanghai Composite Index slumped 1.3 per cent after losses of 7.6 per cent and 8.5 per cent the previous two days. But Japan's Nikkei 225 stock index rose 3.2 per cent.

EUROPEAN MARKETS: European markets ended in the red after posting gains on Tuesday following losses on Monday. Germany's DAX was down 1.3 per cent, while France's CAC 40 fell 1.4 per cent. Britain's FTSE 100 fell 1.7 per cent.

CANADIAN DOLLAR: The Canadian dollar, which hit 11-year lows on Tuesday, ended the day up 0.13 of a cent to 75.06 cents U.S.

OIL: The benchmark October oil contract fell 71 cents at US$38.60 a barrel, after rising $1.07 on Tuesday.

OTHER COMMODITIES: The October natural gas contract was unchanged at US$2.70 per thousand cubic feet, while December gold lost $13.70 to US$1,124.60 an ounce.

News from © The Canadian Press, 2015
The Canadian Press

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