TSX ekes out small gain Wednesday on broad-based gains led by utilities and tech

Canada’s main stock index eked out a small gain Wednesday as broad-based gains led by utilities and technology stocks outweighed losses in energy and battery metals. Meanwhile, U.S. markets rose, led by technology.

The S&P/TSX composite index closed up 13.89 points at 19,034.81.

In New York, the Dow Jones industrial average was up 127.17 points at 33,129.55. The S&P 500 index was up 34.30 points at 4,263.75, while the Nasdaq composite was up 176.54 points at 13,236.01.

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The Canadian dollar traded for 72.76 cents US compared with 72.93 cents US on Tuesday.

The November crude contract was down US$5.01 at US$84.22 per barrel and the November natural gas contract was up a penny at US$2.96 per mmBTU.

The December gold contract was down US$6.70 at US$1,834.80 an ounce and the December copper contract was down three cents at US$3.59 a pound.

This report by The Canadian Press was first published Oct. 4, 2023.