TSX edges higher after yesterday's close at highest level since May 2022

January 27, 2024 06:46 AM AEDT | By Investing
 TSX edges higher after yesterday's close at highest level since May 2022

Investing.com —Canada's main stock index, the S&P/TSX Composite edged just above the flatline by afternoon trading, after closing yesterday at its highest level since May 2022.

Wall Street indices meanwhile remained mixed, as traders await Big Tech earnings, and an FOMC meeting next week.

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Toronto Stock Market News

Hut 8 (TSX:HUT) mining shares rose after news that CCO Matt Prusak will resign to become CEO of Celsius Bitcoin.

For earnings, view our earnings calendar.

Toronto Stocks Moving Markets Today

Top Gainers on the TSX Today:

  • Mattr Corp (TSX:MATR)
  • Lightspeed Commerce (TSX:LSPD)
  • Canada Goose (TSX:GOOS)

Top Losers on the TSX Today:

  • Ivanhoe Mines (TSX:IVN)
  • NovaGold (TSX:NG)
  • IAMGold (TSX:IMG)

For all Canadian Stocks Moving Markets today, view our Canada Markets Page.

In Canadian Economics

The federal government posted a deficit of $19.1 billion for the first eight months of its 2023-24 fiscal year compared to a deficit of roughly $3.6 billion in the same period year earlier.

Government revenues rose to $281.8 billion from $274.7 billion this time a year ago. Program expenses, excluding net actuarial losses, rose from roughly $249.2 billion in the same period a year earlier.

For all Canadian economic releases, view our economic calendar.

All currencies Canadian Dollar unless noted otherwise.

This article first appeared in Investing.com


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