MONEY IN BRIEF

Currencies

These are indicative wholesale rates for foreign currency provided by the Bank of Canada on Tuesday. Quotations in Canadian funds.

Australia dollar

Brazil real

China renminbi

Euro

Hong Kong dollar

India rupee

Indonesia rupiah

Japan yen

Malaysia ringgit

Mexico peso

N.Z. dollar

Norway krone

Peruvian new sol

Russia rouble

Saudi riyal

Singapore dollar

South Africa rand

South Korean won Sweden krona Switzerland franc Taiwanese dollar Thailand baht

Turkey lira

U.K. pound

U.S. dollar

Vietnam dong 0.9657 0.3629 0.2035 1.5380 0.1651 0.01931 0.000092 0.01188 0.3281 0.06624 0.9033 0.1594 0.3944 0.02045 0.3457 0.9673 0.10290 0.001202 0.1470 1.2935 0.04351 0.04059 0.3010 1.7531 1.2963 0.000057

Financial highlights

Highlights at the close Tuesday at world financial market trading. Stocks:

S&P/TSX Composite Index – 15,842.71, up 34.08 points Dow – 24,360.21, up 2.89 points S&P 500 – 2,671.92, down 0.71 of a point

Nasdaq – 7,266.90, up 1.69 points Currencies:

Cdn – 77.14 cents US, down 0.60 of a cent

Pound – C$1.7531, up 0.92 of a cent

Euro – C$1.5380, up 0.45 of a cent Euro – US$1.1865, down 0.56 of a cent

Oil futures:

US$69.06, down $1.67

(June contract)

Gold futures:

US$1,313.70 per oz., down 40 cents

(June contract)

Canadian Fine Silver Handy and Harman:

$22.168 oz., up 4.8 cents $712.70 kg., up $1.54

The markets today

TORONTO (CP) — Canada’s main stock index edged higher as the price of oil slipped lower Tuesday after U.S. President Donald Trump announced he would withdraw his country from an Iran nuclear deal.

The S&P/TSX composite index advanced 34.08 points to 15,842.71. Trump announced Tuesday that America would no longer be a party to the Joint Comprehensive Plan of Action, a 2015 agreement between the U.S., Iran and five other countries (plus the European Union) which limited Iran’s nuclear weapon-building capabilities and lifted most U.S. and international sanctions against Iran. Trump said the U.S. will institute “the highest level of economic sanction” against the country.

The decision caught markets by surprise as Trump’s self-imposed deadline of May 12 is still days away, said Francis Thivierge, senior portfolio manager for CIBC Asset Management.

“This is really the biggest event of the day in North America,” he said.

The price of oil and stocks in the TSX’s energy sector started the day off weakly in anticipation of Trump’s scheduled conference, he said, but recovered some of those losses later in the day after his speech. Shares in the energy sector closed the day just out of the red, gaining on average 0.01 per cent. The price of oil settled above its daily low of US$67.63 per barrel. The June crude contract retreated US$1.67 to US$69.06 per barrel.

— With files from the

Associated Press