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North American stock markets set new record highs yet again on good U.S. data including a positive revision in economic growth in the third quarter.

The S&P/TSX composite index closed up 64.69 points to a record close of 17,100.57.

In New York, the Dow Jones industrial average was up 42.32 points at 28,164.00. The S&P 500 index was up 13.11 points at 3,153.63, while the Nasdaq composite was up 57.25 points at 8,705.18.

The Canadian dollar traded for US75.31¢ compared with an average of US75.26¢ on Tuesday.

The January crude contract was down US30¢ at US$58.11 per barrel and the January natural gas contract was down US3.2¢ at US$2.50 per mmBTU.

The February gold contract was down US$6.60 at US$1,460.80 an ounce and the March copper contract was down 0.15 of a cent at US$2.70 a pound.