stories on Nostr: Bank of Canada Governor Macklem Says Monetary Policy Won't Solve Canada's Housing and ...
Bank of Canada Governor Macklem Says Monetary Policy Won't Solve Canada's Housing and Economic Problems
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#bed402bd ver:0.14
Canada's main stock index, the S&P/TSX composite, continued its upward trend, edging higher on Friday. This positive performance comes as US stocks also continue to march higher after reaching a recent record high. The Toronto stock market's gains can be attributed to several factors, including the strong growth in the US economy, upbeat bank earnings, and gains in financial and energy shares. The US economy expanded at an annualized pace of 5.2% in the third quarter, surpassing expectations and boosting investor sentiment. Additionally, positive earnings reports from big banks have fueled optimism in the market. The energy sector has also contributed to the gains, with energy stocks rising on higher crude oil prices. The January crude oil contract rose to $76.41 per barrel, reflecting the...
#newstr #TorontoStockMarket #UsStockMarket #HomeSales #HousingPrices #EconomicProblems #BankOfCanada #TiffMacklem
https://here.news/story/bed402bd?ver=0.14
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#bed402bd ver:0.14
Canada's main stock index, the S&P/TSX composite, continued its upward trend, edging higher on Friday. This positive performance comes as US stocks also continue to march higher after reaching a recent record high. The Toronto stock market's gains can be attributed to several factors, including the strong growth in the US economy, upbeat bank earnings, and gains in financial and energy shares. The US economy expanded at an annualized pace of 5.2% in the third quarter, surpassing expectations and boosting investor sentiment. Additionally, positive earnings reports from big banks have fueled optimism in the market. The energy sector has also contributed to the gains, with energy stocks rising on higher crude oil prices. The January crude oil contract rose to $76.41 per barrel, reflecting the...
#newstr #TorontoStockMarket #UsStockMarket #HomeSales #HousingPrices #EconomicProblems #BankOfCanada #TiffMacklem
https://here.news/story/bed402bd?ver=0.14