The S&P/TSX composite index closed up 197.41 points at 22,269.12.
After a rally provoked by stellar earnings from AI darling Nvidia last week, investors spent most of the day selling off and rotating into sectors like real estate, energy and utilities, said Brian Madden, chief investment officer with First Avenue Investment Counsel. The report doesn’t change expectations for interest rate cuts in the U.S. in either direction, said Madden.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »