TSX Opens Slightly Higher as Gold Rally Offsets Oil Drop

The S&P/TSX index rose 0.39% on Tuesday as gold gains offset falling oil prices. Investors also assessed new signals regarding the Middle East conflict.

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The main stock market in Canada opened with modest gains on Tuesday, as a rally in gold prices helped to offset the impact of falling oil prices on energy shares. At 9:33 a.m. ET, the S&P/TSX composite index was up 0.39%, trading at 33,318.03 points.

The Art Deco facade of the original Toronto Stock Exchange building on Bay Street in Toronto, Ontario, Canada, on January 23, 2019. REUTERS/Chris Helgren
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