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Canada's Stock Market Rises as U.S. Markets Decline

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S&P/TSX composite index ticks back up on Wednesday morning as U.S. markets droop

Canada’s main stock market inched upward in trading on Wednesday, rebounding slightly from the day before even as U.S. markets sagged.composite index rose 69.29 points to 20,275.27, boosted by energy stocks as oil prices were up and partially offset by health care and metals.

“These are very, very defensive sectors. I think investors are just positioning themselves for the potential for a little bit more volatility as we head into the fall,” said Petursson.

 

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