The Bay Street financial district is shown in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette
TORONTO – Canada’s main stock index posted a small gain Wednesday as strength in energy stocks helped offset weakness in other areas, while U.S. markets rose more than one per cent.
The S&P/TSX composite index was up 54.36 points at 20,296.43.
In New York, the Dow Jones industrial average was up 408.63 points at 33,420.77.The S&P 500 index was up 48.87 points at 4,158.77, while the Nasdaq composite was up 157.51 points at 12,500.57.
The Canadian dollar traded for 74.35 cents US, according to XE.com, compared with 74.32 cents US on Tuesday.
The June crude contract was up US$1.97 at US$72.83 per barrel and the June natural gas contract was down a penny at US$2.37 per mmBTU.
The June gold contract was down US$8.10 at US$1,984.90 an ounce and the July copper contract was up nine cents at US$3.75 a pound.
This report by The Canadian Press was first published May 17, 2023.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)
