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Canada's benchmark stock index inched higher on Tuesday, with utilities leading gains, as a pullback in global bond yields and easing oil prices supported sentiment. The Toronto Stock Exchange's S&P/TSX Composite Index rose 0.19% to 35,587.45 points by 10:08 a.m. ET.
The S&P/TSX Composite Index edged higher near 35,500 on Tuesday amid easing oil prices and a pullback in global bond yields. Oil prices fell as resilient Middle Eastern crude exports and a G7 emergency stockpile release eased supply concerns, reducing energy-driven inflation pressures. Yields also eased from multi-year
The S&P/TSX Composite Index edged lower toward the 35,000 mark as a global bond rout pushed borrowing costs to multi-decade highs amid volatile oil prices. Global bonds extended their selloff, weighing on broader markets. The Canadian 10-year yield eased on Thursday but remained near multi-year highs. Oil prices rose f