Toronto stocks ended lower on Wednesday, snapping a five-session winning streak.

The S&P/TSX composite index closed down 20.20 points, or 0.2%, at 13,895.16.

Six of the 10 TSX main groups were lower, led by a 0.6% drop in the oil and gas sector, which fell as U.S. oil prices shed 71¢ to US$61.55 a barrel.

Talisman Energy fell 58¢, or 2.7%, to $21.30 after the company reported a jump in quarterly profit on a big gain from asset sales.

Also weighing on the market was the consumer discretionary group, down 0.7%, and utilities, down 0.6%.

The lingering glow of recent takeover announcements, including aluminum maker Alcoa’s bid for Alcan, helped to boost shares of mining companies, up 2.4%. Teck Cominco added $1.08, or 2.4%, to $45.83.

The junior S&P/TSX Venture composite index added 6.12 points to 3,356.96.

The Canadian dollar declined 0.06 of a cent to US90.46¢.

In New York, U.S. stocks rose after the Federal Reserve’s latest policy meeting ended without any unwelcome surprises, allowing investors to refocus on the solid outlook for corporate profits.
The Dow Jones industrial average gained 53.80 points, or 0.40%, to end at 13,362.87 — its 21st record closing high this year.

The S&P 500 rose 4.86 points, or 0.32%, at 1,512.58. The Nasdaq composite index was up 4.59 points, or 0.18%, at 2,576.34.