TSX Today: What to Watch for in Stocks on Wednesday, January 22

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Declining Treasury bond yields and renewed buying in growth-oriented stocks drove Canadian equities higher for the sixth consecutive session on Tuesday, registering the market index’s longest winning streak since August 2024. As investors continued to assess the impact of the new U.S. administration’s moves on trade and geopolitics, the S&P/TSX Composite Index rose by 110 points, or 0.4%, yesterday to settle at 25,282 — its highest closing level in over a month.

Despite weakness in the healthcare sector, continued buying in technology, consumer discretionary, and financial stocks guided the TSX upward.

Top TSX Composite movers and active stocks

Energy Fuels, NexGen Energy, Torex Gold, and Transcontinental were the top-performing TSX stocks yesterday as they inched up by at least 3.4% each.

In contrast, Aya Gold & Silver (TSX:AYA) tanked by 6.1% to $11.34 per share, making it the worst-performing TSX stock for the day. Despite…

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