Downtown office buildings Toronto
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North American stock markets bounced back from two days of losses on signals that China is open to a partial trade deal despite some aggressive U.S. moves ahead of talks on Thursday.

The S&P/TSX composite index closed up 85.92 points at 16,379.87.

In New York, the Dow Jones industrial average was up 181.97 points at 26,346.01. The S&P 500 index was up 26.34 points at 2,919.40, while the Nasdaq composite was up 79.96 points at 7,903.74.

The Canadian dollar traded for an average of US75.05¢ compared with an average of US75.06¢ on Tuesday.

The November crude contract was down US4¢ at US$52.59 per barrel and the November natural gas contract was down US5.4¢ at US$2.23 per mmBTU.

The December gold contract was up US$8.90 at US$1,512.80 an ounce and the December copper contract was unchanged at US$2.57 a pound.