Wednesday, November 30

TSX jumps after soft US inflation data


Article content

Canada’s main stock index opened higher on Thursday led by technology and industrial stocks, after soft US inflation data lifted expectations of smaller interest rate hikes by the Federal Reserve.

At 09:34 am ET (14:34 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 469.05 points, or 2.42%, at 19,813.3. (Reporting by Shashwat Chauhan in Bengaluru; Editing by Arun Koyyur)



financialpost.com

Leave a Reply

Your email address will not be published. Required fields are marked *