S&P/TSX composite closes with gain of more than 100 points; U.S. markets also up

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TORONTO — Canada’s main stock index moved higher on Wednesday as it caught up to U.S. gains on its first day of trading after the Christmas and Boxing Day holidays. Meanwhile, the major U.S.

TORONTO — Canada’s main stock index moved higher on Wednesday as it caught up to U.S. gains on its first day of trading after the Christmas and Boxing Day holidays.

Meanwhile, the major U.S. indexes closed up after a mixed start and almost negligible wavering through the day.

The markets made a decent start to the week, said Greg Taylor, chief investment officer with Purpose Investments.

“The Canadian markets were closed yesterday and the (U.S.) markets had a positive day, so some of the move today is catch-up,” he said.

The S&P/TSX composite index was up 134.72 points at 21,015.91.

In New York, the Dow Jones industrial average was up 111.19 points at 37,656.52. The S&P 500 index was up 6.83 points at 4,781.58, while the…

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