It was another split day for Canada’s main stock index, but a positive one as energy and tech growth outweighed losses sustained by mining and financial shares. The industrials sector was the biggest gainer on the TSX while utilities was the biggest loser.
The S&P 500 scored an all-time intraday high again, as tech shares were boosted by optimism around AI stocks, such as Google (NASDAQ:GOOG), who nearly touched its all time high and Netflix (NASDAQ:NFLX) reached a new peak. Procter & Gamble (NYSE:PG) also rose on positive quarterly results.
The Canadian dollar traded for 69.49 cents US compared to 69.74 cents US on Tuesday.
US crude futures traded $0.40 lower at US$75.43 a barrel, and the Brent contract lost $0.32 to US$78.97 a barrel.
The price of gold was up US$13.19 to US$2,756.79.
In world markets, the Nikkei was up 618.27 points to 39,646.25, the Hang Seng was down 327.78 points to 19,778.77, the FTSE was down 3.16 points to 8,545.13, and the DAX was up 212.27 points to 21,254.27.
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(Top image generated with AI.)