TORONTO — Canada’s main stock index rose to a new closing high Thursday ahead of the long weekend, while U.S. markets were mixed as a record-breaking quarter for equities came to a close.
U.S. indexes broke record after record this quarter, while the S&P/TSX composite was more subdued but managed to set a few records of its own as the quarter-end drew near.
The S&P/TSX composite index closed up 59.95 points on Thursday at 22,167.03.
In New York, the Dow Jones industrial average was up 47.29 points at 39,807.37, hitting a new record. The S&P 500 index was up 5.86 points at 5,254.35, another all-time high, while the Nasdaq composite was down 20.06 points at 16,379.46.
However, Thursday was a relatively lacklustre way to end the first quarter of 2024, said Rose Devli, portfolio manager at 1832 Asset Management.
“I thought there would be more of a quarter-end move, rebalancing out of equities into fixed income, and then…
