Stocks Doggedly Gain

Centerra, First Majestic in Win Column

Equities ended just above the breakeven mark by Tuesday’s close, as resource stocks headed higher in the aftermath of U.S. President Donald Trump’s speech.

The TSX Composite Index remained 26.62 points higher to close Tuesday at 16,909.38

The Canadian dollar slid 0.03 cents to 75.53 cents U.S.

Among gold issues, Centerra Gold took on 36 cents, or 3.4%, to $10.92, while Iamgold acquired 16 cents, or 3.6%, to $4.61.

In materials, First Majestic Silver jumped 46 cents, or 3.4%, to $13.98, while Semafo moved up 12 cents, or 4.6%, to $2.75.

Among communications, Cogeco Communications gained 94 cents to $112.77, as TELUS strengthened 38 cents to $50.07.

Energy ran out of steam Tuesday, however, as Imperial Oil doffed $1.21, or 3.4%, to $34.21, while Shawcor fell 47 cents, or 3.4%, to $13.21.

Among health-care issues, Canopy Growth shed $1.43, or 5.3%, to $25.42, while Aphria fell 26 cents, or 4%, to $6.28.

In consumer staples, Maple Leaf Foods took a hit of 33 cents, or 1.5%, to $22.38.

ON BAYSTREET

The TSX Venture Exchange stayed aloft 1.72 points at 536.32

The 12 Toronto subgroups were evenly split, as gold soared 0.9%, materials bettered themselves 0.4%, and communications nicked higher 0.2%.

The half-dozen laggards were weighed most by energy, down 1%, health-care, off 0.8%, and consumer staples, fading 0.1%.

ON WALLSTREET

Wall Street continued its run to record highs on Tuesday, led by strong gains in Disney and Facebook shares.

The Dow Jones Industrial Average finished unchanged at Monday’s record close of 27,691.49.

The S&P 500 gained 4.83 points, to 3,091.84 to reach a new all-time high.

The NASDAQ spiked 21.81 points to 8,486.09, also to reach another all-time record.

The market was slightly higher amid remarks from President Donald Trump, who hinted at Chinese enthusiasm for a trade deal, while knocking them for cheating the U.S. in past agreements.

Semiconductor stocks such as Marvell Technology sprouted up 3.6%, and Micron Technology advanced 2.3%.

Rockwell Automation shares surged more than 19% after the company posted quarterly results that beat expectations along with stronger-than-forecast guidance. However, Advance Auto Parts slid around 8% on disappointing same-store sales for the previous quarter.

Bond trading resumed Tuesday, after a long weekend, and prices for the 10-Year U.S. Treasury picked up steam, lowering yields to 1.91% from Friday’s 1.93%. Treasury prices and yields move in opposite directions

Oil prices subsided six cents to $56.80 U.S. a barrel.

Gold prices regained two dollars to $1,459.10 U.S. an ounce.