financetom
World
financetom
/
World
/
CANADA STOCKS-TSX opens higher as softer inflation boosts rate optimism
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CANADA STOCKS-TSX opens higher as softer inflation boosts rate optimism
Mar 19, 2024 6:57 AM

March 19 (Reuters) - Canada's main stock index rose on

Tuesday after the surprise fall in domestic headline inflation

in February raised hopes of early interest rate cuts by the Bank

of Canada.

At 9:30 a.m. ET (13:30 GMT), the Toronto Stock Exchange's

S&P/TSX composite index was up 21.41 points, or 0.1%,

at 21,858.59.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2024 - www.financetom.com All Rights Reserved