TSX Hits Record High as U.S. Inflation Data Supports Rate Cut Expectations
Canada’s main stock index reached a new all-time high on Thursday, driven by optimism that the U.S. Federal Reserve is still on track to cut interest rates next week, despite slightly hotter-than-expected inflation data. The S&P/TSX Composite Index rose 0.6% to 29,352.92, surpassing its previous record close. Also Read: Long term investing in Canada While…


