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S&P/TSX composite up more than 100 points, U.S. stock markets also climb higher

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Specialist Gregg Maloney works on the floor of the New York Stock Exchange, Tuesday, June 10, 2025. (AP Photo/Richard Drew)

TORONTO — Canada’s main stock index pushed to a record high Wednesday as the price of oil spiked, while U.S. markets closed down despite trading higher earlier in the day. 

The S&P/TSX composite index closed up 97.85 points at 26,524.16.

In New York, the Dow Jones industrial average was down 1.1 points at 42,865.77. The S&P 500 index was down 16.57 points at 6,022.24, while the Nasdaq composite was down 99.11 points at 19,615.88.

The Canadian dollar traded for 73.18 cents US compared with 73.08 cents US on Tuesday. 

The July crude oil contract was up US$3.17 at US$68.15 per barrel and the July natural gas contract was down three cents at US$3.51 per mmBTU.

The August gold contract was up 30 cents at US$3,343.70 an ounce and the July copper contract was down nine cents US at US$4.81 a pound.

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This report by The Canadian Press was first published June 11, 2025.