Canada’s main stock index closed up on Thursday, buoyed by strength in the energy and technology sectors, while U.S. stock markets notched muted gains.
The S&P/TSX composite index climbed 148.26 points to 21,942.16.
In New York, the Dow Jones industrial average was up 36.26 points at 39,164.06. The S&P 500 index was up 4.97 points at 5,482.87, while the Nasdaq composite was up 53.53 points at 17,858.68.
A stronger performance by equities north of the border over the past couple of days can be traced to different reactions to economic news. Assumptions of a slowdown are already baked into expectations here, while recognition in the U.S. of a potential comedown from the record stock highs of the past six months is newer, said one expert.
“There’s been a little bit more data recently that’s…
