The technology and renewable energy sectors pushed Canada’s main stock index to all-time records Tuesday as the loonie hovered around 83 cents US, its highest level in six years.
The Canadian dollar traded for 82.98 cents US compared with 82.77 cents US on Monday.
The gain in the loonie came as the S&P/TSX composite index added 32.40 points to reach a record close of 19,507.05. Earlier it set another milestone, hitting an intraday peak of 19,556.89.
In New York, the Dow Jones industrial average was down 267.13 points at 34,060.66. The S&P 500 index was down 35.46 points at 4,127.83, while the Nasdaq composite was off 75.41 points at 13,303.64.
“It’s really sort of a rather lacklustre day. Markets are really looking for direction,” said Craig Jerusalim, portfolio manager at CIBC Asset Management.
