TSX Heads for Monthly Gain as Mining Shares Advance
The S&P/TSX composite index rose 1.1% on Thursday and is on track for a 3% monthly gain. Strong earnings from Bombardier and Bausch Health supported the market.
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Canada's S&P/TSX composite index rose 1.1% to 33,692.76 points on Thursday midday as mining and healthcare shares led gains. The benchmark is tracking a 3% monthly advance, marking its 12th month of growth out of the last 13. Resilient corporate earnings and 0.2% GDP growth are offsetting geopolitical volatility, signaling potential interest rate hikes ahead.
