S&P/TSX composite edges up, U.S. stock markets rise to new highs
The S&P/TSX composite index was up 3.08 points at 33,096.40.Many economists expect no change in the Bank of Canada’s benchmark interest rate on Wednesday and possibly for the rest of the year. Financial market odds for a rate hold this week stood at 93% as of Tuesday afternoon, according to LSEG Data & Analytics.“Especially lately, people are really analyzing every little word that comes out from both central banks. It is expected, probably a hold here in Canada,” Inglis said.“Depending on what economist yo ...