TSX gains on commodities boost; BoC decision, U.S. economic data in focus

From XM:

The TSX gained 0.1%, driven by energy and materials stocks. Investors awaited the Bank of Canada’s interest rate decision and U.S. economic data. Materials stocks rose 0.9% with record high gold prices. Energy shares increased by 0.6%, driven by favorable fourth-quarter results. Tech stocks fell 2.2% ahead of the BoC decision. U.S. Federal Reserve Chair Powell’s testimonies also eyed. Lithium Americas Corp shares dropped 1.5% after an acquisition announcement.



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