Canada’s main stock index closed higher on Tuesday, 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 the 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.
Stocks rallied across the board on Monday after a weekend China-U.S. trade meeting resulted in a 90-day pause on tariffs between the two economic heavyweights.
On Tuesday, U.S. investors were focused on better-than-expected inflation report showing a slowing to 2.3 per cent last month from 2.4 per cent in March, said Macan Nia, co-chief investment…
