Canada’s main stock index rallied hard on Wednesday, more than recovering from the previous day’s decline. Gains in commodity-linked stocks helped counterbalance a cautious tone across global markets.
In the US, companies tied to the artificial intelligence sector attempted to bounce back after valuation concerns weighed on the market a day earlier. Meanwhile, the Supreme Court heard arguments on whether President Donald Trump has the authority to impose tariffs.
| TSX | 30,103.48 | +325.66 |  |
| TSXV | 900.89 | +12.02 | |
| CSE | 166.18 | +0.57 | |
| DJIA | 47,311.00 | +225.76 | |
| NASDAQ | 23,499.80 | +151.16 | |
| S&P 500 | 6,796.29 | +24.74 | |
The Canadian dollar traded for 70.86 cents US compared to 70.91 cents US on Tuesday.
US crude futures traded $0.98 lower at US$59.58 a barrel, and the Brent contract lost $0.96 to US$63.48 a barrel.
The price of gold was up US$37.48 to US$3,987.14.
In world markets, the Nikkei was down 1,284.93 points to ¥50,212.27, the Hang Seng was down 16.99 points to HK$25,935.41, the FTSE was up 62.12 points to ₤9,777.08, and the DAX was up 100.63 points to €24,049.74.
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