15:53:39 EST Wed 11 Feb 2026
Enter Symbol
or Name
USA
CA



Globe/wire say TSX posts new high as U.S. ponders rates

2026-02-11 09:24 ET - In the News

The Globe and Mail reports in its Wednesday edition that Canada's main stock index rose to a record high on Tuesday, with industrial and metal mining shares among the biggest gainers as investors weighed whether a recent rotation out of technology shares would continue. A Reuters dispatch to The Globe says the S&P/TSX Composite Index ended up 233.51 points at 33,256.83. U.S. markets were mixed, with the benchmark S&P 500 ending lower after the release of disappointing U.S. retail sales figures. They unexpectedly stalled in December as households scaled back spending on cars and other big-ticket items, suggesting a slower growth path for consumer spending and the economy heading into the new year. Trader hopes edged up for a more dovish Federal Reserve with the probability of a one-notch April rate cut up to 36.9 per cent from 32.2 per cent on Monday. Rate sensitive sectors in both Canada and the U.S. were buoyed by lower bond yields. The yield on the benchmark U.S. 10-year Treasury note fell 5.1 basis points to 4.147 per cent, its fourth straight day of declines. Gains for railway shares helped lift the Toronto Stock Exchange's industrials sector by 1 per cent. Heavily weighted financials added 0.6 per cent.

© 2026 Canjex Publishing Ltd. All rights reserved.