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S&P/TSX composite ticks up Tuesday as oil rises, U.S. stock markets down

TORONTO — Canada's main stock index ticked higher on Tuesday amid strength in the energy sector while U.S. stock markets fell. The S&P/TSX composite index was up 21.20 points at 24,974.72.
Canadian Press
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Specialist Anthony Matesic works on the floor of the New York Stock Exchange, Tuesday, May 6, 2025. (AP Photo/Richard Drew)

TORONTO — Canada's main stock index ticked higher on Tuesday amid strength in the energy sector while U.S. stock markets fell.

The S&P/TSX composite index was up 21.20 points at 24,974.72.

In New York, the Dow Jones industrial average was down 389.83 points at 40,829.00. The S&P 500 index was down 43.47 points at 5,606.91, while the Nasdaq composite was down 154.58 points at 17,689.66.

The Canadian dollar traded for 72.55 cents US compared with 72.40 cents US on Monday.

The June crude oil contract was up US$1.96 at US$59.09 per barrel and the June natural gas contract was down nine cents US at US$3.46 per mmBTU.

The June gold contract was up US$100.50 at US$3,422.80 an ounce and the July copper contract was up eight cents US at US$4.78 a pound.

This report by The Canadian Press was first published May 6, 2025.

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

The Canadian Press