TSX poised to lock in eighth consecutive quarter of gains
The S&P/TSX Composite Index achieved its eighth consecutive quarter of gains, supported by strong performance in the financial and technology sectors. Despite this, the index lagged behind the U.S. S&P 500, while domestic economic data showed unexpected growth in April.
Why it matters
The data suggests resilience in the Canadian economy despite global trade uncertainties and commodity price fluctuations.
Canada’s main stock index slightly added to its quarterly gain on Tuesday, as financial and technology shares rose and after domestic data showed the economy expanding faster than expected in April.
The article relies on market data and expert commentary to report on economic performance.
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