Investing.com — Canada’s main stock index, the S&P/TSX composite, tracked Wall Street higher on Tuesday, despite rising U.S. Treasury yield and hotter than expected U.S. CPI data.
Tech stocks supported the market rally, led by Oracle (NYSE:ORCL), which surged over 10% on better than expected quarterly earnings, and a rebound in Nvidia (NASDAQ:NVDA).
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Toronto Stock Market News
National Bank of Canada (TSX:NA) denied a report by Bloomberg News that it was in talks to sell its Cambodian unit, ABA Bank. In a statement the Bank said it is not engaged in any processes related to the sale of ABA Bank, nor has it hired any advisors.
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Toronto Stocks Moving Markets Today
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In Canadian Economics
No major Canadian economic data due today.
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