Financial market highlights on Wednesday SPTSX 1506316 up 7820 points

Highlights at the close Wednesday at world financial market trading.Stocks:S&P/TSX Composite Index — 15,063.16, up 78.20 pointsDow — 21,812.09, down 87.80 pointsS&P 500– 2,444.04, down 8.47 pointsNasdaq — 6,278.41, down 19.07 pointsCurrencies:Cdn — 79.59 cents US, down 0.08 of a centPound — C$1.6078, down 0.24 of a centEuro — C$1.4835, up 0.75 of a centEuro — US$1.1808, up 0.49 of a centOil futures:US$48.41, up 58 cents(October contract)Gold futures:US$1,294.70 per oz., up $3.70(December contract)Canadian Fine Silver Handy and Harman:$22.340 per oz., up 10.1 cents$718.23 per kg., up $3.25 read more

Latest ballistic missile launch by DPR Korea a dangerous escalation of the

“This action is yet another brazen violation of Security Council resolutions and constitutes a dangerous escalation of the situation,” read a statement attributable to the UN chief’s Spokesperson. “The DPRK leadership must cease further provocative actions and comply fully with its international obligations,” it added. According to reports, the latest launch was conducted over the Sea of Japan. In the statement, Secretary-General Guterres also underlined the importance of maintaining the unity of the international community in addressing this serious challenge. Last month, condemning “in the strongest terms”, the DPRK’s nuclear weapons and ballistic missile development activities, the UN Security Council had unanimously adopted a resolution, applying existing sanctions to 14 individuals and four entities from the country.The individuals are now subjected to travel ban and asset freeze, and the four entities subjected to asset freeze. They are listed in the annexes to the resolution. read more