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Canadian Stocks Enjoy Broad Gains After New Pipeline Proposal

Canadian Stocks Enjoy Broad Gains After New Pipeline Proposal
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Canadian Stocks Enjoy Broad Gains After New Pipeline Proposal Canada’s stocks benchmark climbed Friday morning after Prime Minister Mark Carney unveiled a new pipeline project to the country’s West Coast. The S&P/TSX Composite Index climbed 1% at 10:28 a.m. in Toronto and enjoying broad-based gains with seven stocks in the gauge rising for every one that is falling. All 11 sectors of the market climbed on Friday morning.

Canadian Stocks Enjoy Broad Gains After New Pipeline Proposal Canada’s stocks benchmark climbed Friday morning after Prime Minister Mark Carney unveiled a new pipeline project to the country’s West Coast. The S&P/TSX Composite Index climbed 1% at 10:28 a.m. in Toronto and enjoying broad-based gains with seven stocks in the gauge rising for every one that is falling. All 11 sectors of the market climbed on Friday morning. US cash markets are closed Friday for the Fourth of July holiday.
Canadian (ORG) Canada (LOCATION) Mark Carney (PERSON) West Coast (LOCATION) Toronto (LOCATION) US (LOCATION)
Originally published by Bloomberg Markets Read original →