TSX Closer: Oil, Gold and Rate-Cut Hopes Drive the Market to a Six-Week High

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The Toronto Stock Exchange closed at a six-week high on Wednesday on strengthening resource issues and hopes U.S. rate cuts are near, with the S&P/TSX Composite Index climbing 307.73 points to close at 22,350.23, the highest since May 27. The biggest gainers on the day were Industrials and Utilities, 1.9% and 1.6% respectively, while the energy sub-index rose 1.3%. Battery Metals was the lone decliner, dropping 0.6% West Texas Intermediate (WTI)…

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