Canada’s main stock index edged slightly higher to a new record close Monday, helped by commodity price gains that lifted the energy and mining sectors. The S&P/TSX composite index inched up 18.
Canada’s main stock index edged slightly higher to a new record close Monday, helped by commodity price gains that lifted the energy and mining sectors.
The S&P/TSX composite index inched up 18.22 points from Thursday’s previous record high to close at 22,185.25.
U.S. markets, which also enjoyed record-setting runs in March, were mixed. In New York, the Dow Jones industrial average was down 240.52 points at 39,566.85 on Monday. The S&P 500 index was down 10.58 points at 5,243.77, while the Nasdaq composite was up 17.37 points at 16,396.83.
From a Canadian perspective, the TSX’s heavy exposure to energy and mining stocks means the index got a lift from Monday’s commodities prices, said Stephen Duench, vice-president and portfolio…
