India, June 25 -- Canadian stocks edged higher on Thursday, partially offsetting the previous two sessions of losses, as investors assessed the developments in the U.S.-Iran talks against today's fresh attack on a cargo ship across the Strait of Hormuz. In addition, benign U.S. inflation numbers moderated U.S. Federal Reserve's interest rate hike concerns.
After opening above yesterday's close, today the benchmark S&P/TSX Composite Index traded firmly positive throughout the session before settling at 34,850.21, up by 114.12 points (or 0.33%).
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