Canada’s benchmark stock index rose on Tuesday, tracking strength in gold miners and energy stocks. Declines in the health care sector capped gains on the TSX, as cannabis company Hexo sunk after a buyout deal from Tilray Brands.
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US markets are heading toward another earnings season, with several major banks set to release their reports for the first time since last month’s bank crises in March. Traders are keeping an eye out for the March readings of the consumer price index, and the producer price index later this week. These are two inflation metrics that could shed some light on how the Federal Reserve could advance its rate-hike campaign.
Today in the Markets
| TSX | 20,421.85 | +146.03 |  |
| TSXV | 633.96 | +7.38 | |
| CSE | 161.69 | -0.58 |  |
| DJIA | 33,684.79 | +98.27 | |
| NASDAQ | 12,031.88 | -52.48 | |
| S&P 500 | 4,108.20 | -0.91 | |
The Canadian dollar traded for 74.26 cents US, compared to 74.00 cents US on Monday.
US crude futures traded $1.64 higher at $81.38 a barrel, and the Brent contract gained $1.31 to $85.49 a barrel.
The price of gold was up US$14.67 to US$2,006.15.
In world markets, the Nikkei was up 289.71 points to 27,923.37, the Hang Seng was up 154.04 at 20,485.24, the FTSE was up 44.16 points to 7,785.72, and the DAX was up 57.28 points to 15,655.17.
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