Oil prices jumped on Wednesday, but Canada’s main stock index fell further. Energy was the only standout, with the tech sector logging some gains.
Stock futures on Wall Street were mixed, as markets to recover from steep losses sustained this week, boosted by a dip in Treasury yields.
The Canadian dollar traded for 74.04 cents U.S., compared to 73.97 cents U.S. on Tuesday.
U.S. crude futures traded $3.31 higher at $93.70 a barrel, and the Brent contract added $2.32 to $96.58 a barrel.
The price of gold was down US$25.65 to US$1,876.16.
In world markets, the Nikkei was up 56.85 points to 32,371.90, the Hang Seng was up 144.97 points to 17,611.87, the FTSE was down 32.50 points to 7,593.22, and the DAX was down 38.42 points to 15,217.45.
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