Canada Stock Market (TSX) Today (October 08): Why is the Canadian Stock Market Up Today? S&P/TSX Composite Recovers After 607-Point Rout as Oil Surges Above $104 - Check Top Gainers & Losers
India, Oct. 8 -- Canada Stock Market (TSX) Today (October 08): Canada's stock market attempted to regain its footing on Thursday, October 8, after the S&P/TSX Composite suffered its steepest one-day decline in four months in the previous session. Rising crude prices gave energy stocks a boost, while bargain hunting helped some beaten-down shares recover.
However, higher bond yields and renewed inflation worries kept investors cautious. Reuters reported the TSX up 0.24% at 35,125.61, with energy shares leading the recovery.
Canada Stock Market (TSX) Today (October 08): Why Is the Canadian Stock Market UP Today?
The main reason behind Thursday's rebound was strength in energy stocks as crude oil prices jumped above $104 a barrel amid ren...
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