It was another divided day for Canada’s main stock index, as the TSX moved modestly higher as tech and energy sector gains were countered by losses among the mining, healthcare, and financial markets. Bitcoin prices rose to a record high above US$93,400.
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American inflation data reinforced expectations for a Federal Reserve interest-rate cut next month. Wall Street markets were on the flat side of split, while traders hoped a post-election rally would have kept going strong.
The Canadian dollar traded for 71.43 cents US compared to 71.72 cents US on Tuesday.
US crude futures traded $0.16 lower at US$67.96 a barrel, and the Brent contract lost $0.04 to US$71.85 a barrel.
The price of gold was down US$35.35 to US$2,575.89.
In world markets, the Nikkei was down 654.43 points to 38,721.66, the Hang Seng was down 23.43 points to 19,823.45, the FTSE was up 4.56 points to 8,030.33, and the DAX was down 56.55 points to 18,977.09.
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(Top image generated with AI)