Utility and tech stocks help boost S&P/TSX composite, U.S. stock markets also up

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 31 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Nasdaq Composite News

Stock Markets,Stock Index

TORONTO — Strength in technology and utility stocks helped Canada's main stock index climb in late-morning trading, while U.S. stock markets also rose. The S...

TORONTO — Strength in technology and utility stocks helped Canada's main stock index climb in late-morning trading, while U.S. stock markets also rose.In New York, the Dow Jones industrial average was up 258.25 points at 39,816.36. The S&P 500 index was up 42.46 points at 5,289.14, while the Nasdaq composite was up 150.92 points at 16,662.10.The June crude oil contract was down six cents at US$77.96 per barrel and the June natural gas contract was unchanged at US$2.34 per mmBTU.

Inflation falling further from here in the near term is a "pipe dream" and rate cuts will continue to be pushed out, Stifel strategists said.Got $5,000? These 2 High-Yielding Dividend Stocks Are Trading Near Their 52-Week Lows Warren Buffett keeps building Berkshire Hathaway's cash pile because bargains are scarce and he seems worried about the world, Steve Hanke said.Consistent and reliable growth stocks can serve as trustworthy wealth builders for short-term and long-term wealth goals. The post 3 Stocks That Can Help You to Get Richer in 2025 appeared first on The Motley Fool Canada.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,873.72, down 138 points): Toronto...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »