Canadian TSX rises as Fed hike outlook eases inflation fears
Canada’s main stock index climbed, led by mining stocks tracking higher precious metals after the Fed reaffirmed its inflation-fighting focus.
Canada's main stock index advanced on Thursday, supported by mining shares as precious metal prices moved higher, while the US Federal Reserve's reaffirmed focus on fighting inflation lifted broader risk appetite. The Toronto Stock Exchange's S&P/TSX Composite Index TSX:TSX was up 0.