S&P/TSX composite rises Tuesday, U.S. stocks also higher

TORONTO — Canada's main stock index rose Tuesday, led by energy and base metal stocks, while U.S. markets also moved higher, with the S&P 500 and the Dow again hitting new records.In New York, the Dow Jones industrial average was up 83.57 points at 42,208.22. The S&P 500 index was up 14.36 points at 5,732.93, while the Nasdaq composite was up 100.25 points at 18,074.52.

The move followed last week’s half-point interest rate cut from the U.S. Federal Reserve, which Locke said was a relief to investors. Not only are central banks including the Fed and the Bank of Canada cutting rates, they’re also indicating that more cuts are coming, said Locke.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Top TSX companies ‘powering Canada’s energy transition’: TSX CEOThe vast majority of top-performing stocks on the Toronto Stock Exchange (TSX) are participants in Canada’s energy transition, according to the exchange’s top executive, who also noted investors are now favouring value over growth.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »

S&P/TSX composite down Tuesday, U.S. markets move higher ahead of Nvidia earningsTORONTO — Canada's main stock index moved lower on Tuesday, weighed down by energy stocks as oil prices retreated, while U.S. markets inched higher and the Dow added a few points to Monday's record high. U.S.
La source: SooToday - 🏆 8. / 85 Lire la suite »