TSX rises as gold gains amid fears of US government shutdown
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Canada's S&P/TSX composite index rose 0.55% to 29,924.93 points, driven by a 2.1% increase in materials stocks as gold prices hit a record high. Concerns over a potential U.S. government shutdown influenced market sentiment. Cannabis stocks surged, with Curaleaf Holdings up 24% following President Trump's comments on cannabidiol. Meanwhile, the energy sector fell 1.4% due to declining oil prices. Barrick Gold appointed Mark Hill as interim CEO, boosting its shares by 1.5%.
Source: Reuters The copyright of this article belongs to the original author/organization.
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