​TSX ends higher after positive manufacturing data

Manufacturing sales rose 2.1 per cent in September to $53 billion, the eighth gain in nine months and following a 3.5 per cent decline in August.

Manufacturing sales rose 2.1 per cent in September to $53 billion, the eighth gain in nine months and following a 3.5 per cent decline in August. Transportation equipment, especially aerospace, led the way with primary metal and food sectors also posting gains. Petroleum and coal products declined, although figures were skewed by more extensive shutdowns than is typical. These figures together with a 39 cent rise in the price of oil helped the loonie rise 0.61 of a cent against the US dollar to 88.51 cents.

The S&P TSX Composite Index closed up 64.32 (0.44 per cent)

The NYSE ended mixed with the Dow lower and the Nasdaq and S&P 500 gaining.

Oil and gold are both trending higher.
 

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