Canadian Stocks Rebound as Manufacturing Data and Tech Gains Lift Market Sentiment
The S&P/TSX Composite Index rose 0.73 percent on Monday as manufacturing activity expanded for the first time in a year. Tech and staples led the partial rebound.
Insights:
The S&P/TSX Composite Index rose 0.73 percent on Monday to reach 32,156.50 points as of 10:31 a.m. ET. This intraday movement represented a partial recovery from a significant selloff in the previous session. Canada 
CAsaw broad-based gains led by consumer staples and technology shares, coinciding with new domestic economic data showing the manufacturing sector expanded in January for the first time in a year. Market sentiment also reached a three-month high according to the latest figures.
CAsaw broad-based gains led by consumer staples and technology shares, coinciding with new domestic economic data showing the manufacturing sector expanded in January for the first time in a year. Market sentiment also reached a three-month high according to the latest figures.
