S&P/TSX composite ticks higher, U.S. stock markets fall
Posted Apr 16, 2025 9:33 am.
Strength in the energy sector helped Canada’s main stock index make a small gain Wednesday even as U.S. markets fell.
The S&P/TSX composite index closed up 38.89 points at 24,106.79.
In New York, the Dow Jones industrial average was down 699.57 points at 39,669.39. The S&P 500 index was down 120.93 points at 5,275.70, while the Nasdaq composite was down 516.01 points at 16,307.16.
The Canadian dollar traded for 71.99 cents US compared with 71.77 cents US on Tuesday.
The June crude oil contract was up US$1.08 at US$61.83 per barrel and the May natural gas contract was down eight cents US at US$3.25 per mmBTU.
The June gold contract was up US$106 at US$3,346.40 an ounceand the May copper contract was up six cents US at US$4.69 a pound.
