TSX Breaks Losing Streak as Materials and Energy Sectors Surge Canada’s main stock index, the S&P/TSX composite, started the week on a positive note, rising 1.2% on Monday. The increase was primarily driven by gains in materials and utilities stocks, with the energy sector also contributing due to stronger oil prices. Investors are closely watching for upcoming domestic and U.S. inflation data, as well as commentary from Federal Reserve officials. The market’s performance reflects anticipation of potential interest rate cuts, with gold prices benefiting from this sentiment as a hedge against the U.S. dollar. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Asia's Demand Fuels Gold Price Surge, Says Julius Baer READ MORE BullionStar Perspectives – Lawrence Lepard – Fiat Endgame – Reinforces need for Sound Money READ MORE How US Election Outcomes Could Boost Precious Metal Prices READ MORE U.S. Economy's Fate Tied to Federal Reserve's Decisions READ MORE BullionStar Financials FY 2023 – Year in Review READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment