TSX Rises as Lower Oil Prices Boost Market Sentiment
Canada's main stock index advanced as sliding oil prices eased inflationary concerns. Investors weighed ongoing geopolitical developments and upcoming US midterm elections.
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Canada's main stock index rose 0.9% to 35,979.08 points during Monday morning trading as falling oil prices eased supply concerns. The rebound follows a sharp sell-off in the previous session across global equities. Lower energy costs tempered broader inflationary pressures for domestic markets.
