TORONTO — Canada's main stock index gained just over 50 points on Thursday, helped by strength in utilities and base metals, while U.S. markets were mixed. The prospect of interest rates in the U.S.
TORONTO — Canada's main stock index gained just over 50 points on Thursday, helped by strength in utilities and base metals, while U.S. markets were mixed.
“The narrative around rates ... it’s dominated investor sentiment across both the U.S. and Canada,” he said. “It's a good news story economically, but bad news for people banking on rate cuts coming from the Fed,” he said.
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