(Stock image generated with AI.)

Canada’s main stock index, heavily weighted toward natural resources, grew mildly on Wednesday, attempting to recoup some losses from the previous day. While some losses was driven by continued weakness in metal prices and lingering concerns over trade and geopolitical tensions, industrials and tech provided some lift.

Meanwhile, US investors sifted through a wave of fresh earnings reports. Netflix (NASDAQ:NFLX) shares tumbled 10 per cent after the company reported disappointing earnings, while Intuitive Surgical (NASDAQ:ISRG) surged nearly 14 per cent thanks to strong revenue and profit figures.

TSX29,982.98+94.16TSX
TSXV947.69-3.36TSXV
CSE170.05-4.93CSE
DJIA46,590.41-334.33DJIA
NASDAQ22,740.40-213.27NASDAQ
S&P 5006,699.40-35.95S&P 500

The Canadian dollar traded for 71.47 cents US compared to 71.32 cents US on Tuesday.

US crude futures traded US$2.00 higher at US$59.24 a barrel, and the Brent contract rose US$2.02 to US$63.34 a barrel.

The price of gold was down US$4.86 to US$4,092.95.

In world markets, the Nikkei was down 8.27 points to ¥49,307.79, the Hang Seng was down 245.78 points to HK$25,781.77, the FTSE was up 88.01 points to ₤9,515.00, and the DAX was down 178.90 points to €24,151.13.


Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.


More From The Market Online

Market Open: Markets tense ahead of inflation data | Dec 15

The TSX started the week on a positive note Monday, boosted by stronger precious metal prices, as investors awaited domestic inflation data.

@ the Bell: TSX hits new record high, only to close lower

Canada’s top stock index came out of the gate hot on Friday to close out the...

Scaling for long-term success: A new era in gold development

Vista Gold Corp. (TSX:VGZ) is a gold development company focused on advancing its flagship Mt Todd gold project in Australia.