To Innovation - Breaking Politics, Economics, Crypto & IT News

learn more
Reporting from Watford, UK and LA, US since 1996
learn more




TOP STORIES
Huawei ushers in 5G

Huawei today presented the first commercial 5G device. With the help of the Balong 5000 chipset, the...



North American stocks go up as Brexit consequences become clearer



Stock markets and commodities prices rose for a second straight day, as fears about the impact of Britain leaving the EU ease.



29.Jun.16 11:24 PM
By Anastasia Sutulova
Photo Toinnov.com

   293

North American stocks go up as Brexit consequences become clearer
After Thursday’s referendum, the S&P/TSX composite index in Toronto lost 440 points in two days. By now, it has already recovered almost 80% of it.

The Canadian dollar also went up for a second day, by 0.35 of a U.S. cent in total, and stopped at 77.07 cents US.

Oil prices continued to recover as well, with the August contract for benchmark North American crude increasing by $2.03 and amounting US$49.88 a barrel. On the opposite, August natural gas lost three cents and stopped at US$2.86 per mmBtu

While August gold bullion rose $9 to US$1,326.90 a troy ounce, September copper increased a penny to US$2.19 a pound.

According to azinnov.com, if we take a look at the New York indexes, the tendency will be the same. The Dow Jones industrials gained 284.96 points amounting 17,694.68, while the broader S&P 500 added 34.68 points to 2,070.77. The Nasdaq composite rose 87.38 points to 4,779.25.




Back to the list


Related Information: