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Basic materials stocks drive S&P/TSX composite to finish higher, U.S. markets mixed

TORONTO — Strength in basic materials stocks helped lift Canada's main stock index to finish higher on Wednesday, while U.S. markets were mixed. The S&P/TSX composite index was up 54.88 points at 27,878.76.
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Financial numbers flow on the digital ticker tape at the TMX Group in Toronto's financial district on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

TORONTO — Strength in basic materials stocks helped lift Canada's main stock index to finish higher on Wednesday, while U.S. markets were mixed.

The S&P/TSX composite index was up 54.88 points at 27,878.76.

In New York, the Dow Jones industrial average was up 16.04 points at 44,938.31. The S&P 500 index was down 15.59 points at 6,395.78, while the Nasdaq composite was down 142.09 points at 21,172.86.

The Canadian dollar traded for 72.12 cents US compared with 72.19 cents US on Tuesday.

The October crude oil contract was up 94 cents US at US$62.71 per barrel.

The December gold contract was up US$29.80 at US$3,388.50 an ounce.

This report by The Canadian Press was first published Aug. 20, 2025.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press

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