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MARKET REVIEW. The New York Stock Exchange rebounded cautiously at the opening Tuesday after a sharp decline the day before caused by concerns about the fate of the heavily indebted Chinese real estate giant, Evergrande. On Monday, the three Wall Street indices had fallen in the face of fears of contagion in the event of the promoter’s bankruptcy.
For its part, the Toronto Stock Exchange also opened up propelled by the utilities sector.
In Toronto, the S & P / TSX rose from 162.78 points (+ 0.81%) to 20,317.32 points.
In New York, the S&P 500 took 27.81 points (+ 0.64%) to 4,385.54 points.
the Nasdaq increased from 94.65 points (+ 0.64%) to 14,808.55 points.
the DOW increased by 260.08 points (+ 0.77%) to 34,230.55 points.
the loonie raised US $ 0.001 7 (+ 0.21%) to US $ 0.782 2.
the oil was up US $ 0.58 (+ 0.83%) to US $ 70.87.
THE’gold advanced from US $ 9.50 (+ 0.54%) to US $ 1,773.30.
Further details will follow.