India, Feb. 19 -- The Canadian market closed marginally down on Wednesday as tariff threats by U.S. President Donald Trump rendered the mood a bit cautious. The start was very weak, but stocks recovered gradually and the market very nearly broke into positive territory in the final hour.
The benchmark S&P/TSX Composite Index ended down 22.68 points or 0.09% at 25,626.16, recovering more than 200 points from an early low of 25,439.39.
The early weakness was due to Trump's threat to impose a 25% tariff on autos, alongside similar duties on semiconductors and pharmaceuticals.
Investors digested a slew of earnings announcements, and looked ahead to some crucial economic data, due later in the week.
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