By MarketsFarm
WINNIPEG, Dec. 19 (MarketsFarm) The Canadian dollar was steady on Wednesday, remaining just above 76 U.S. cents.
At 9:00 CST, the Canadian dollar was at US$0.7621 or C$1.3121, which compares with Wednesday’s North American close of US$0.7623 or C$1.3119.
Stocks were mixed due to general global tumult following a vote to impeach United States President Donald Trump. However, it’s is widely expected that the Republican-led Senate will acquit him and he will remain in office, mitigating any market-rocking affects.
Oil prices were slightly higher despite reports that U.S. stockpiles were higher than originally expected. Brent Crude was up by 22 cents at US$66.39 per barrel, and West Texas Intermediate (WTI) was up by seven cents at US$61.00 per barrel.
The TSX was slightly stronger at 9:00 CST, up by 7.28 points at 17,039.26. The S&P 500 Index was up 4.10 points to hit 3,195.41. The Dow Jones gained 53.50 points at 28,293.62. The NASDAQ increased, up 16.52 to hit 8,844.13.
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