TORONTO — Stock markets in Canada and the United States rose Wednesday ahead of a tariff announcement from U.S. President Donald Trump, with anxious investors uncertain what would happen after the closing bell.
TORONTO — Stock markets in Canada and the United States rose Wednesday ahead of a tariff announcement from U.S. President Donald Trump, with anxious investors uncertain what would happen after the closing bell.
“Today has been very, very volatile,” said Pierre-Benoît Gauthier, vice-president of investment strategy at IG Wealth Management.
“There’s a tug of war between the bears and the bull, and the bulls have been kind of winning all week.”
The S&P/TSX composite index closed up 273.90 points, or more than one per cent, at 25,307.18.
In New York, markets zigzagged throughout the day, with the S&P 500 going between a loss of 1.1 per cent and a gain of the same magnitude.
The Dow Jones industrial average…
