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Equities
Global markets were on the rise as investors cheered mild inflation data in the United States and signs of resilience in major economies, and expectations of a U.S. rate cut buoyed demand for riskier assets.
Wall Street futures were in positive territory after major indexes closed higher yesterday.
TSX futures followed sentiment higher after Canada’s main stock market closed at a fresh record high yesterday.
In Canada, investors are getting results from Hydro One Ltd., Metro Inc., Northland Power Inc., Stantec Inc. and Hudbay Minerals Inc.
“The fact that CPI was broadly as expected was met with relief, leading to equity gains and tighter credit spreads as investors beca