TSX opens higher as energy, mining stocks gain - BNN Bloomberg

Thursday's early morning increase erases the 104.5 point drop that the TSX closed on Wednesday.

Thursday morning’s trading activity occurs as Canadian markets react to the news that Canada’s trade surplus beat expectations in May. In the international energy sector, Shell Plc said it added over US$1 billion in earnings to its refining business last quarter, on higher margins from fuel production.

Amid market volatility, David Bailin, the chief investment officer of Citi Global Wealth Investments, said there are ways for investors to best position themselves.

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Stocks rise after traders parse data, U.S. Fedspeak - BNN BloombergU.S. stocks rose and Treasuries slid as investors grappled with fresh economic data that showed slightly slower growth, prompting some to consider the Fed’s reiterated hawkish stance in its June meeting minutes as outdated.
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Stocks, U.S. futures rise as inflation worries ease - BNN BloombergU.S. stock-index futures rose as softer oil prices and a weaker dollar signaled fears about inflation and the pace of monetary tightening are fading.
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Tech helps stocks pare losses; Bonds rally - BNN BloombergU.S. stocks came off session lows, buoyed by gains in technology companies, though sentiment remains sour as recession fears continue to grip the market. Treasuries gained and oil tumbled.
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