Market Update

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U.S. equities advanced further today as the rotation into value stocks continued following a weak inflation report. In New York, the Dow Jones gained a solid 464.28 to 32,297.02, the S&P 500 rose 23.37 to 3,898.81, while the tech-heavy Nasdaq closed 4.99 lower at 13,068.83. Canada’s main stock index hit a new all-time high following strong buying in the energy and consumer staples sectors. In Toronto, The S&P/TSX Composite index moved 90.81 points higher to 18,690.00.

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