India, Aug. 22 -- The Canadian market is up firmly in positive territory a little past noon on Friday, with stocks from across several sectors moving higher on strong buying support amid rising hopes of an interest rate cut by the Federal Reserve in September.
Technology, energy, real estate, industrials, materials and consumer discretionary stocks are up with impressive gains.
The benchmark S&P/TSX Composite Index was up 297.80 points or 1.06% at 28,353.23 a little while ago. The index hit a new record high of 28,394.57 earlier in the session.
TFI International is rising nearly 6.5% and Teck Resources is up 6%. Baytex Energy, NexGen Energy, Pason Systems, BRP Inc., Centerra Gold, Methanex, Precision Drilling, Western Forest Products, Ri...