Canadian Market Posts Strong Gain; TSX Tech Sector Up 2.8%
The S&P/TSX Composite closed at 22,345.65, up 1.4% for the day, posting its 12th consecutive daily gain. The tech sector led the rebound, advancing 2.8% as major indices like the S&P/TSX Venture Composite rose 1.9%. The rebound followed a range-bound session the prior day, with broader indices gaining 0.8% in volume. The Bank of Canada's latest policy statement released earlier in the session indicated continued accommodative monetary conditions, supporting investor sentiment.
EditorWong Mei Ling