Toronto Stock Exchange closes down 23 points or 0.09%
Market fell almost a percentage point in early trade
Energy stocks up 0.87%, mining stocks gain up 0.1%
Barrick Gold shares up 2.5% after Mali government deal
By Promit Mukherjee and Pranav Kashyap
Canada’s main stock index closed marginally lower on Wednesday, after a global equity sell-off was largely cushioned by energy shares, recovery in mining stocks and minutes of the U.S. Federal Reserve’s January meeting.
The S&P/TSX Composite index lost 0.09%, or close to 22.68 points, to end at 25,626.16.
U.S. President Donald Trump on Tuesday announced
tariffs on automotive imports
“in the neighborhood of 25%” and said that more details will be revealed on April 2. Duties will be slapped on pharmaceutical and semiconductor imports, he added.
Asian and European markets closed sharply lower on Wednesday, with the pan-European STOXX 600 index
, its biggest single-day drop…
