Downtown office buildings Toronto

Canada’s main stock index rebounded from its worst day of the year but still closed lower amid continuing concerns about a global economic slowdown.

The S&P/TSX composite index closed down 33.41 points at 16,012.53.

In New York, the Dow Jones industrial average was up 99.97 points at 25,579.39. The S&P 500 index was up seven points at 2,847.60, while the Nasdaq composite was down 7.32 points at 7,766.62.

The Canadian dollar traded for an average of US75.05¢, compared with an average of US75.13¢ on Wednesday.

The September crude contract was down US76¢ at US$54.47 per barrel and the September natural gas contract was up US8.9¢ at US$2.23 per mmBTU.

The December gold contract was up US$3.40 at US$1,531.20 an ounce and the September copper contract was up US0.3¢ at US$2.59 a pound.