(Stock image generated with AI.)

Canadian stocks finished higher on Wednesday as rising commodity prices provided a lift to mining and energy companies. Investors kept a close eye on developments in the US-Iran conflict while assessing the impact of new US tariffs on Canadian products.

South of the border, Wall Street stocks lost some value but saw slight gains powered by semiconductor companies and other firms riding the growing wave of enthusiasm surrounding artificial intelligence.

TSX35,485.11+116.03TSX
TSXV881.35+8.28TSXV
CSE155.02-0.47CSE
DJIA52,218.58-6.06DJIA
NASDAQ25,690.90-146.30NASDAQ
S&P 5007,498.96-10.24S&P 500

The Canadian dollar traded for 70.98 cents US compared to 70.88 cents US on Tuesday.

US crude futures traded US$2.80 higher at US$87.14 a barrel, and the Brent contract rose US$3.37 to US$94.38 a barrel.

The price of gold was up US$61.13 to US$4,133.18.

In world markets, the Nikkei was down 116.59 points to ¥66,115.60, the Hang Seng was down 239.63 points to HK$24,892.66, the FTSE was up 131.06 points to ₤10,716.97, and the DAX was up 144.06 points to €25,155.41.


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