The stock market rally continued Wednesday, with the Nasdaq at key levels. Tesla, Google led stocks making notable moves. Read More...
Reuters
Toronto market extends rebound on Omicron economic hopes
Canada’s main stock index rose on Wednesday, adding to strong gains the day before, as optimism grew that the economic impact of the Omicron coronavirus variant would be less than first thought. The Toronto Stock Exchange’s S&P/TSX composite index ended up 145.18 points, or 0.7%, at 21,070.05 a day after reporting its biggest gain since February. “We had the big sell off on Omicron and now people are starting to wonder if it is as bad as they say and will it slow down economies,” said Norman Levine, managing director, Portfolio Management Corporation.
