The S&P/TSX Composite Index rose about 0.6% to above the 30,550 level on Wednesday, nearing record highs as hopes that the US government shutdown could soon end encouraged risk taking and lifted market breadth. The House may vote shortly to reopen the government, which would restore delayed economic releases that help guide the Fed and reduce a key political overhang. Tech and financial names led the advance with Constellation Software up nearly 2%, Celestica ahead by more than 1.5% and Shopify firmly in the green, while Brookfield pushed the financials higher with gains above 1%. In corporate news Orla Mining jumped over 8% after reporting stronger quarterly profit and Stingray Group topped revenue expectations. Falling oil prices capped gains for major energy producers and limited the index’s upside.
