Dow Jones and Nasdaq

Scotia Wealth Management: The Canadian dollar was also higher for a second day, up 0.14 of a U.S. cent at 72.75 cents US after having soared 1.32 cents Wednesday in its biggest one-day gain in almost four years, according to The Toronto Star. In New York, the Dow Jones industrial average rose 79.92 points to 16,416.58, while the broader S&P 500 gained 2.92 points to 1,915.45 and the Nasdaq closed 5.32 points higher at 4,509.56. The S&P/TSX composite index climbed 181.48 points to 12,774.50, its second triple-digit increase in as many days. In commodities, the April gold bullion contract rose $16.20 to US$1,157.50 a troy ounce, while the March copper contract added four cents to US$2.13 a pound. Andrew Pyle, senior adviser and portfolio manager at Scotia Wealth Management, said the markets are beginning to stabilize following a tumultuous start to the year. Meanwhile the March oil contract, which enjoyed a big run-up of $2.40 a barrel Wednesday, gave back 56 cents to US$31.72, while March natural gas fell seven cents to US$1.97 per mm Btu. (news.financializer.com). As reported in the news.