TORONTO – Canada’s main stock index closed higher, lifted in part by a jump in the price of oil.
The S&P/TSX composite index was up 84.68 points at 25,616.86.
In New York, the Dow Jones industrial average was down 269.67 points at 42,140.43 a day after it saw a more than 1,100-point gain. The S&P 500 index was up 42.36 points at 5,886.55, while the Nasdaq composite was up 301.74 points at 19,010.08.
The Canadian dollar traded for 71.59 cents US compared with 71.44 cents US on Monday.
The June crude oil contract was up US$1.72 at US$63.67 per barrel and the June natural gas contract was flat at US$3.65 per mmBTU.
The June gold contract was up US$19.80 at US$3,247.80 an ounce and the July copper contract was up 10 cents US to US$4.72 a pound.
This report by The Canadian Press was first published May 13, 2025.
Companies in this story: (TSX: GSPTSE, TSX: CADUSD)