Islanders flock to Charlottetown Flea Market for affordable finds amid rising costs | SaltWire - Futures for Canada's main stock index advanced on Thursday boosted by a rise in oil prices as the U.S. Federal Reserve kept the interest rates steady, while positive comments on rates from Bank of Canada Governor Tiff Macklem lifted sentiment.The benchmark S&P/TSX composite index ended higher on Wednesday as the U.S. Fed signaled it could still cut interest rates in 2024.
Investors will also monitor economic data including weekly jobless claims from across the border to assess the strength of the American economy and the outlook for global interest rates. Air Canada reported a smaller first-quarter adjusted loss, as Canada's largest carrier benefited from a rebound in bookings for business travel.