S&P/TSX composite rises on Tuesday, U.S. stocks also climb higher

Date:

TORONTO — Canada’s main stock index rallied Tuesday on the strength of battery metals and energy stocks, while U.S. stock markets also rose. Investors were sitting tight as the U.S.

TORONTO — Canada’s main stock index rallied Tuesday on the strength of battery metals and energy stocks, while U.S. stock markets also rose.

Investors were sitting tight as the U.S. and China held a second day of talks aimed at easing their trade dispute. Stocks have rallied on expectations that President Donald Trump will lower his tariffs on China and other countries after reaching trade deals with them.

The S&P/TSX composite index closed up 50.51 points at 26,426.31.

In New York, the Dow Jones industrial average was up 105.11 points at 42,866.87. The S&P 500 index was up 32.93 points at 6,038.81, while the Nasdaq composite was up 123.75 points at 19,714.99.

Sadiq Adatia, chief investment officer for BMO Global Asset Management, said the…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...