S&P/TSX composite up almost 250 points Tuesday, U.S. markets also rise

TORONTO — Gains in industrial and technology stocks led Canada's main stock index up more than one per cent on Tuesday, outweighing weakness in energy, while U.S. stock markets also rose, led by a rally on the Dow.

Markets in the U.S. were boosted by several earnings reports by major companies that were better than expected, said Currie, combined with optimism that interest rate cuts are on the way. Meanwhile in Canada, the inflation report for June saw price growth ease more than expected to 2.7 per cent, helped by lower gas prices.

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As the U.S. presidential campaign stirs discussions on key economic issues such as government debt and trade policies, investors might seek stability in dividend-paying stocks amidst potential market fluctuations. In this context, companies like the Bank of Montreal that offer regular dividends could be considered by those looking to add a measure of predictability and income to their portfolios during uncertain times.

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S&P/TSX composite posts loss Tuesday, U.S. stock markets mixedTORONTO — Canada's main stock index posted a loss on Tuesday as weakness in energy and industrial stocks led the market lower, while U.S. stock markets were mixed. Markets were digesting testimony before Congress from U.S.
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S&P/TSX composite rises Tuesday on energy strength, U.S. markets also move higherCanada's main stock index rose Tuesday near the end of the trading day, erasing earlier losses as energy and base metals helped offset weakness in telecom.
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S&P/TSX composite rises Tuesday on energy strength, U.S. markets also move higherTORONTO — Canada's main stock index rose Tuesday near the end of the trading day, erasing earlier losses as energy and base metals helped offset weakness in telecom, while U.S. stock markets also climbed higher.
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