The stock market in Canada turned positive again on Thursday after witnessing a selloff in the previous session as investors continued to digest the Federal Reserve’s latest interest rate decision and policy statement. The S&P/TSX Composite Index rose 97 points, or 0.5%, yesterday to settle at 21,119.
Despite continued weakness in tech stocks, healthy gains in most other key market sectors, primarily in healthcare, mining, and industrials, lifted the main TSX index.
Top TSX Composite movers and active stocks
Shares of Canada Goose (TSX:GOOS) surged nearly 8% to $70.39 per share after announcing its quarterly financial results. In the third quarter (ended in December) of its fiscal year 2024, the Toronto-based clothing company’s total revenue rose 5.8% YoY (year over year) to $609.9 million.
With the help of a strong 14% increase in direct-to-customer segment sales on a constant-currency basis, Canada Goose delivered adjusted…
