The Globe and Mail reports in its Thursday edition that Canada's main stock index pushed to a record high Wednesday as the price of oil spiked, while U.S. markets closed down despite trading higher earlier in the day. The unbylined item says the S&P/TSX Composite Index ended 97.85 points higher at 26,524.16, eclipsing the record closing high it posted on Friday. The July crude oil contract was up $3.17 (U.S.) at $68.15 (U.S.) a barrel. Dollarama beat quarterly sales and profit estimates as consumers favoured discounted alternatives for household supplies amid economic uncertainty. The company's shares jumped 9.8 per cent, while the consumer discretionary sector ended 1.7 per cent higher. In contrast, the S&P 500 ended lower, with investors spooked by Middle East tensions, while a tame inflation report calmed concerns around tariff-driven price pressures and traders awaited more details on China-U.S. trade talks. Economists still expect inflation to accelerate in the coming months owing to the Trump administration's import tariffs. Wall Street erased modest gains after sources said the United States is preparing a partial evacuation of its Iraqi embassy owing to heightened security risks in the region.