TSX ends 0.1% higher at 25,854.01,
TD Bank gains 3.2% on earnings beat
Financials and technology both add 0.6%
Materials group falls 0.8% as gold pulls back
(Updates at market close)
May 22 (Reuters) – Canada’s main stock index edged higher on Thursday as technology shares clawed back some of the previous day’s declines and investors cheered Toronto-Dominion Bank’s quarterly results.
The Toronto Stock Exchange’s S&P/TSX composite index ended up 14.84 points, or 0.1%, at 25,854.01, with the market staying close to the record high that it posted earlier this week on easing global trade uncertainty.
U.S. stocks finished little changed as Treasury yields eased off recent highs after the House of Representatives passed U.S. President Donald Trump’s tax and spending bill.
“Not saying that we’re out of the woods … but in Canada, we’re in a very low rate environment, inflation has come down dramatically, you’ve got pretty decent…
