S&P/TSX composite posts small gain Monday, U.S. stock markets also up

WATCH ABOVE: The Bank of Canada ended all the speculation and lowered interest rates Wednesday – the first decline in 4 years. It comes on the heels of a weak jobs report, which has everyone asking what's next for interest rates? With more on this we bring in our financial analyst, Michael Campbell.Strength in the energy, technology and base metal sectors helped Canada’s main stock index post a small gain on Monday, while U.S.In New York, the Dow Jones industrial average was up 69.

“As we head into the summer months, demand looks to be holding up. We’re not seeing any major downshift in economic activity,” he said. The expectation is that the Fed will hold rates steady, he said, but investors will be focused on the Fed’s “dot plot,” or its projection for where interest rates will go during the remainder of the year.The last time the Fed released its projections for its key rate, it looked like three cuts were in the cards for 2024.

Canada Canada Latest News, Canada Canada Headlines

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

S&P/TSX composite posts small gain Monday, U.S. stock markets also upTORONTO — Strength in the energy, technology and base metal sectors helped Canada's main stock index post a small gain on Monday, while U.S. stock markets also rose. The S&P/TSX composite index closed up 62.76 points at 22,069.76.
Source: SooToday - 🏆 8. / 85 Read more »

S&P/TSX composite posts small gain Monday, U.S. stock markets also upTORONTO — Strength in the energy, technology and base metal sectors helped Canada's main stock index post a small gain on Monday, while U.S. stock markets...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

S&P/TSX composite posts small gain Monday, loonie also higherTORONTO — Canada's main stock index posted a small gain Monday, helped by strength in energy and industrial stocks. The S&P/TSX composite index closed up 52.51 points at 22,373.38. With U.S.
Source: SooToday - 🏆 8. / 85 Read more »

S&P/TSX composite posts small gain Monday, loonie also higherTORONTO — Canada's main stock index posted a small gain Monday, helped by strength in energy and industrial stocks.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »