Canada’s main stock index inched forward Wednesday on the strength of the energy sector.
The S&P/TSX composite index gained nine points to 15,627.93.
The energy sector led the lift, with shares gaining an average 1.08% of their worth.
The sector’s rise was partially a reflection of the price of oil advancing, said Matthew Rodier, vice president and investment advisor at TD Wealth.
The June crude contract gained US68¢ to US$67.93 per barrel.
In New York, the Dow Jones industrial average fell 174.07 points to 23,924.98, the S&P 500 index shed 19.13 points to 2,635.67 and the Nasdaq composite index declined by 29.80 points to 7,100.90.
The Canadian dollar was trading at US77.81¢, up 0.09 of a U.S. cent.
Elsewhere in commodities, the June natural gas contract fell about five cents to roughly US$2.75 per mmBTU. The June gold contract shed US$1.20 to US$1,305.60 an ounce and the July copper contract rose about US3¢ to roughly US$3.07 a pound.