TSX recap: Index posts small gain on energy stock strength

Canada's main stock index posted a small gain Wednesday as strength in energy stocks helped offset weakness in other areas, while U.S. markets rose more than one per cent.

“Today, you've got different things happening on different sides of the border,” said Kevin Burkett, portfolio manager at Victoria-based Burkett Asset Management, with markets in Canada just ticking upwards while the main U.S. indexes all rose more than one per cent.

The S&P/TSX composite index was up 54.36 points at 20,296.43.

In New York, the Dow Jones industrial average was up 408.63 points at 33,420.77. The S&P 500 index was up 48.87 points at 4,158.77, while the Nasdaq composite was up 157.51 points at 12,500.57.