Canada’s main stock index ended trading on a positive note Wednesday, as investors turned their attention to the upcoming annual symposium hosted by the US Federal Reserve, hoping for clues about future monetary policy. Within the TSX, energy stocks led the gains, while industrials, mining, and technology shares saw the steepest losses.
In the US, stock markets showed mixed performance. The NASDAQ fell sharply, weighed down by a broad-based decline in tech stocks for the second consecutive day. Investors also digested a varied set of retail earnings reports and awaited the release of the Federal Reserve’s latest meeting minutes.
| TSX | 27,878.76 | +54.88 |  |
| TSXV | 767.61 | -6.19 |  |
| CSE | 154.45 | +4.67 | |
| DJIA | 44,938.31 | +16.04 | |
| NASDAQ | 21,172.86 | -142.10 | |
| S&P 500 | 6,395.78 | -15.59 | |
The Canadian dollar traded for 72.05 cents US compared to 72.16 cents US on Tuesday.
US crude futures traded $0.79 higher at US$63.14 a barrel, and the Brent contract rose US$1.23 to US$67.02 a barrel.
The price of gold was up US$33.21 to US$3,348.82.
In world markets, the Nikkei was down 657.74 points to ¥42,888.55, the Hang Seng was up 43.04 points to HK$25,165.94, the FTSE was up 98.92 points to ₤9,288.14, and the DAX was down 146.10 points to €24,276.97.
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.