TORONTO — Canada’s main stock index gained more than 140 points to finish trading Tuesday on strength in the real estate and financials sectors, while U.S. stock markets reached new highs amid better-than-expected U.S. inflation data.
TORONTO — Canada’s main stock index gained more than 140 points to finish trading Tuesday on strength in the real estate and financials sectors, while U.S. stock markets reached new highs amid better-than-expected U.S. inflation data.
The S&P/TSX composite index was up 146.03 points at 27,921.26.
“It’s been a very positive day for risk assets across the board when you’re looking at equities,” said Macan Nia, the co-chief investment strategist at Manulife Investment Management.
He said gains were seen across Europe and on the TSX.
“But the driver has been the S&P 500 and Nasdaq, that the risk-on rally has continued into the U.S. as we got those better-than-expected inflation…
