MONEY IN BRIEF

Currencies

These are indicative wholesale rates for foreign currency provided by the Bank of Canada on Tuesday. Quotations in Canadian funds.

Australia dollar

Brazil real

China renminbi

Euro

Hong Kong dollar

India rupee

Indonesia rupiah

Japan yen

Malaysia ringgit

Mexico peso

N.Z. dollar

Norway krone

Peruvian new sol

Russia rouble

Saudi riyal

Singapore dollar

South Africa rand

South Korean won Sweden krona Switzerland franc Taiwanese dollar Thailand baht

Turkey lira

U.K. pound

U.S. dollar

Vietnam dong 0.9877 0.3510 0.2031 1.5311 0.1657 0.01927 0.000093 0.01179 0.3259 0.06306 0.9129 0.1620 0.3977 0.02066 0.3467 0.9738 0.09818 0.001205 0.1508 1.3200 0.04356 0.04052 0.2846 1.7398 1.3004 0.000057

Financial highlights

Highlights at the close Tuesday at world financial market trading. Stocks:

S&P/TSX Composite Index – 16,288.98, up 25.69 points Dow – 25,320.73, down 1.58 points

S&P 500 – 2,786.85, up 4.85 points

Nasdaq – 7,703.79, up 43.86 points

Currencies:

Cdn – 76.90 cents US, down 0.06 of a cent

Pound – C$1.7398, up 0.12 of a cent

Euro – C$1.5311, down 0.13 of a cent

Euro – US$1.1774, down 0.2 of a cent

Oil futures:

US$66.36, up 26 cents

(July contract)

Gold futures:

US$1,299.40 per oz., down $3.80 (August contract)

Canadian Fine Silver Handy and Harman:

$22.883 oz., down 6.3 cents $735.69 kg., down $2.02

The markets today

TORONTO (CP) —Major North American indices mostly moved up as the U.S. president and North Korean leader ended their historic summit.

The S&P/TSX composite index gained 25.69 points to 16,288.98. South of the border, markets were mixed but mostly flat.

In New York, the Dow Jones industrial average declined 1.58 points to 25,320.73. The S&P 500 index rose 4.85 points to 2,786.85 and the Nasdaq composite index moved up 43.87 points to 7,703.79.

That movement came as President Donald Trump and Kim Jong Un wrapped their meeting. The duo committed to work “toward complete denuclearization of the Korean Peninsula” and to “build a lasting and stable peace regime” there. Many of the details were left vague.

“I think the initial agreement is probably market positive, but the proof will ultimately be in the pudding,” said Patrick Bernes, a portfolio manager for CIBC Asset Management.

The market is now focusing on a two-day meeting of the Federal Reserve that starts today. Investors expect the Fed to raise interest rates, but will also be watching for how many interest rates hikes are still expected in 2018, he said. The Canadian dollar averaged 76.90 cents US, down 0.06 of a US cent.

The July crude contract gained 26 cents to US$66.36 per barrel and the July natural gas contract shed a penny to about US$2.94 per mmBTU.