The TSX saw choppy trading on Wednesday, supported by strength in mining shares but weighed down by weakness in the energy sector. Investors also kept a close eye on elevated bond yields and escalating conflict in the Middle East.
As expected, the Bank of Canada left its benchmark overnight rate at 2.25 per cent. The central bank continues to take a measured approach, balancing signs of broader economic recovery against inflation risks and uncertainty linked to trade tensions with the US.
South of the border, US markets were little changed as higher bond yields continued to pressure sentiment. Concerns that rising oil prices could reignite inflation persisted, while the benchmark 10-year Treasury yield reached its highest point since November 2023.
| TSX | 36,091.61 | +265.88 |  |
| TSXV | 962.50 | +5.84 | |
| CSE | 166.65 | +0.69 | |
| DJIA | 53,061.95 | +295.07 | |
| NASDAQ | 26,217.83 | +118.05 | |
| S&P 500 | 7,666.60 | +35.13 | |
The Canadian dollar traded for 72.25 cents US compared to 71.97 cents US on Tuesday.
US crude futures traded $0.69 higher at US$90.91 a barrel, and the Brent contract rose $0.91 to US$95.56 a barrel.
The price of gold was up US$35.56 to US$4,385.01.
In world markets, the Nikkei was down 1,889.70 points to ¥64,325.64, the Hang Seng was down 18.52 points to HK$25,311.21, the FTSE was down 30.49 points to ₤10,758.79, and the DAX was down 130.78 points to €25,839.33.