Canada's main stock index touched a more than six-week high on Friday after upbeat economic data from China spurred gains in prices of most commodities, lifting the materials sector. At 10:47 a.m. ET , the Toronto Stock Exchange's S&P/TSX composite index was up 48.85 points, or 0.24%, at 20,616.69. The materials sector, which includes miners and fertilizer companies, climbed 1.
The U.S. Centers for Disease Control and Prevention said on Thursday it expects the total number of hospitalizations from COVID-19, respiratory syncytial virus infections and flu this year to be similar to last year, higher than pre-pandemic levels. The government health agency also said it expects flu and RSV infections to increase over the fall and winter seasons. Vaccines for all three major respiratory viruses – COVID-19, flu, and RSV – will be available this fall, the CDC said.
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