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🖥️Slight Increase in S&P/TSX Composite

🖥️Slight Increase in S&P/TSX Composite

Day: 08 | Time: 16:27 The S&P/TSX Composite index saw a slight increase to 22,060 points, thanks to gains in the financial sector, despite losses in the energy and materials sectors. Hopes for looser monetary policy from both the Bank of Canada and the US Federal Reserve have supported the financial sector, while oil prices have fallen due to weaker demand expectations in the US. Gold prices have also decreased, impacting mining companies. Traders are preparing for the release of US CPI and PPI data, as well as the start of earnings season.