Published on 7 Mar 2024 on Reuters via Yahoo Finance
TSX hits 2-year high on tech earnings, rate-cut prospects
By Purvi Agarwal and Fergal Smith
(Reuters) -Canada's main stock index climbed on Thursday to its highest level in nearly two years, helped by gains for technology and railroad shares, as investors cheered corporate earnings and the prospects of lower interest rates.
The Toronto Stock Exchange's S&P/TSX composite index ended up 200.60 points, or 0.9%, at 21,794.56, its highest closing level since April 2022.