Canada’s primary stock market showed slight gains in trading on Wednesday, rebounding from the previous day’s performance despite a decline in U.S. markets.
The S&P/TSX composite index rose 52.23 points to 20,258.21, driven by strength in energy and industrial stocks. However, this was partially offset by weakness in health care and metals.
In New York, the Dow Jones industrial average declined by 170.17 points to 35,144.32. The S&P 500 index was down 27.69 points at 4,471.69, while the Nasdaq composite fell 161.71 points to 13,722.61.
The Canadian dollar traded at 74.39 cents US compared with 74.32 cents US on Tuesday.
The September crude oil contract rose by US$1.06 to US$83.92 per barrel, while the September natural gas contract increased by two cents to US$2.97 per mmBTU.
The December gold contract declined by US$9.10 to US$1,950.8 an ounce, but the September copper contract gained nearly two cents to US$3.78 a pound.
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