TSX rises as technology stocks gain, U.S. data fuels rate optimism

United Kingdom News News

TSX rises as technology stocks gain, U.S. data fuels rate optimism
United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Market News

Oct 27 - Canada's main stock index rose on Friday, boosted by gains in rate-sensitive technology shares as bets that the U.S. central bank will not raise borrowing costs any further increased after data showed inflation cooling down as expected.

At 9:31 a.m. ET , the Toronto Stock Exchange's S&P/TSX composite index was up 49.59 points, or 0.26%, at 18,924.9.

 

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Global Market Scan: Temperature of western Europe’s housing market drops - constructconnect.comGlobal Market Scan: Temperature of western Europe’s housing market drops - constructconnect.comCanada's construction news
Read more »

Stock market news today: Nasdaq leads stock slide as Big Tech comes under pressureStock market news today: Nasdaq leads stock slide as Big Tech comes under pressureStocks are struggling under the weight of disappointing Big Tech earnings and rising bond yields.
Read more »

Stock market news today: US futures rise as Amazon shines, key inflation data aheadStock market news today: US futures rise as Amazon shines, key inflation data aheadThe update to PCE — the Fed's preferred inflation gauge — will set expectations around whether a rate hike is coming.
Read more »

Stock market news today: Futures rise as Amazon shines, inflation continues coolingStock market news today: Futures rise as Amazon shines, inflation continues coolingThe Federal Reserve's preferred inflation metric showed prices continued to cool in September — a critical data point the Federal Reserve will consider as it...
Read more »



Render Time: 2025-01-10 05:58:37