TORONTO –
Canada’s main stock index closed modestly up Tuesday thanks in part to a rise in energy stocks, while U.S. stock markets were mixed.
Markets overall saw fairly little movement as investors anticipate a wave of economic data and earnings results this week, said Kevin Headland, co-chief investment strategist at Manulife Investment Management.
“The markets right now, at the start of the week, are really looking forward to that economic data.”
Coming indicators includes Canadian flash GDP numbers on Wednedsay, which will also see the U.S. Federal Reserve rate decision. Major U.S. tech stocks are also reporting this week, while U.S. job numbers are out Friday.
On Tuesday, the S&P/TSX composite index ended up 27.81 points at 21,227.87.
In New York, the Dow Jones industrial average was up 133.86 points at 38,467.31. The S&P 500 index was down 2.96 points at 4,924.97, while the Nasdaq…
