TORONTO — Strength in base metal stocks helped boost Canada's main stock index on Tuesday, while U.S. markets also climbed as Americans headed to the polls for election day.
The Dow Jones industrial average was up 427.28 points at 42,221.88. The S&P 500 index was up 70.07 points at 5,782.76, while the Nasdaq composite was up 259.19 points at 18,439.17.Neither presidential candidate would be a disaster for markets, said Currie, but investors don’t like uncertainty — one of the biggest concerns, he said, would be that the results are delayed or uncertain.
While the election took investors’ focus Tuesday, earnings continued to roll in on both sides of the border. In Canada, Restaurant Brands International saw its stock slip after it missed analysts’ estimates, while Thomson Reuters had a good day thanks to its involvement in artificial intelligence, said Currie.