TSX Opens Higher on Soft US Inflation Data
Canada's S&P/TSX Composite Index opened higher, led by mining shares, as softer-than-expected US inflation data reduced expectations for another Federal Reserve interest rate hike next month. The index rose 0.2% in early trading.
Canada’s main stock index opened higher on Wednesday, with mining shares leading gains after softer-than-expected US inflation data reduced expectations that the Federal Reserve will raise interest rates again next month. 46 points by 09:32.