Energy and cannabis shares rose on Wednesday while financial and materials dipped, levelling out Canada’s main stock index to close a shade on the lower end. Markets on Wall Street and in Asia were also lower after news that a partial trade deal between Washington and Beijing could be pushed into 2020, as China seeks more extensive tariff rollbacks. Trade-sensitive stocks were especially affected.
The S&P/TSX Composite Index was down 5.58 points to 17,005.82, but the TSX Venture Exchange was up 1.67 point to 524.14.
The Canadian dollar traded for 75.15 cents US compared with an average of 75.55 cents US on Tuesday.
Crude oil prices were up 1.72 to $57.07.
The price of gold was down $0.40 to $1,472.90.
In US markets; the Dow decreased 112.93 points to 27,821.09, the S&P 500 slipped 11.72 points to 3,108.46 and the NASDAQ lost 43.93 points to 8,526.73.
In world markets; the Nikkei lost 143.19 points to 23,148.57 the Hang Seng slumped 202.65 points to 26,889.61, the FTSE decreased 60.80 points to 7,262.49, and the DAX was down 62.68 points to 13,158.14.