TORONTO — Canada’s main stock index eked out a gain Wednesday even as energy stocks fell, while U.S. markets stumbled to a mixed close after the central bank held interest rates steady.
TORONTO — Canada’s main stock index eked out a gain Wednesday even as energy stocks fell, while U.S. markets stumbled to a mixed close after the central bank held interest rates steady.
After a flat day of trading, markets suddenly shot up mid-afternoon, with major U.S. indexes gaining more than one per cent before reversing course and giving back the gains.
In New York, the Dow Jones industrial average closed up 87.37 points at 37,903.29.The S&P 500 index was down 17.30 points at 5,018.39, while the Nasdaq composite was down 52.34 points at 15,605.48.
The S&P/TSX composite index closed up 14.01 points at 21,728.55. The energy index was down 1.7 per cent as oil fell below US$80 per barrel on Wednesday.
The U.S. Federal Reserve held…
