TORONTO — Strength in energy and industrial stocks helped Canada's main stock index move higher Thursday.
The index gained a modest 0.22 per cent Thursday, but is up just under six per cent for the month of November so far. Markets rallied coming out of the U.S. election this month and have largely held on to those gains. Markets in November have also seen strength in sectors that may stand to benefit from president-elect Donald Trump’s economic proposals.But in recent months, sectors like financials and consumer discretionary have seen renewed strength, she said.The last month of the year will see both the Bank of Canada and the U.S. Federal Reserve announce interest rate decisions on Dec. 11 and Dec. 18, respectively.
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