TSX pads quarterly gain as interest rate concerns ease

📆 4/1/2023 4:20 AM
📰 Reuters

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Canada's main stock index rose on Friday for a sixth straight day, notching its highest closing level in three weeks, as worries eased about the outlook for U.S. interest rates and data showed stronger-than-expected growth in the domestic economy.

ended up 158.90 points, or 0.8%, at 20,099.89, its highest closing level since March 8.

For the month, the TSX lost 0.6% as global banking turmoil led to a selloff in heavily-weighted financials and volatility in the price of oil.

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