From Nasdaq: 2025-01-28 18:21:30

The Canadian market closed higher on Tuesday, with the S&P/TSX Composite Index up 0.52% at 25,419.45. The tech sector saw strong gains, with Shopify Inc and Celestica leading the way. The Bank of Canada is expected to announce an interest rate cut, while the Federal Reserve is set to make a policy statement. Molson Coors Canada and Canada Goose Holdings posted double-digit gains, while Metro Inc reported higher net earnings. Bombardier Inc and BRP Inc were among the companies that saw losses. Overall, the market remains optimistic amidst central bank announcements and varied stock performances.



Read more at Nasdaq: TSX Ends Higher As Tech Stocks Rally