Toronto Stock Exchange Hits Record High as Investors Eye Rate Cuts
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#6e7e7fa5 ver:0.79
Toronto Stock Exchange hits record high as investors eye rate cuts. S&P/TSX Composite Index closes at 22,693.91, driven by strong performances in communication services and consumer discretionary stocks. US PPI rise doesn't dampen hopes for a September rate cut. Canadian unemployment at 29-month high raises expectations for Bank of Canada rate cut. TSX rally reflects optimism about potential Fed rate cut and aligns with US tech stocks' performance. Chief Investment Officer predicts robust second half for TSX. #stockmarket #investing #economy...
#newstr #TorontoStockExchange #S&p/tsxCompositeIndex #RecordHigh #CommunicationServices #ConsumerDiscretionaryStocks #RateCuts #FederalReserve #BankOfCanada #UsProducerPriceIndex #Inflation #UsTechStocks #CanadianUnemployment
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