Investing.com —Canada's main stock index, the S&P/TSX Composite edged just above the flatline by afternoon trading, after closing yesterday at its highest level since May 2022.
Wall Street indices meanwhile remained mixed, as traders await Big Tech earnings, and an FOMC meeting next week.
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Toronto Stock Market News
Hut 8 (TSX:HUT) mining shares rose after news that CCO Matt Prusak will resign to become CEO of Celsius Bitcoin.
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In Canadian Economics
The federal government posted a deficit of $19.1 billion for the first eight months of its 2023-24 fiscal year compared to a deficit of roughly $3.6 billion in the same period year earlier.
Government revenues rose to $281.8 billion from $274.7 billion this time a year ago. Program expenses, excluding net actuarial losses, rose from roughly $249.2 billion in the same period a year earlier.
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All currencies Canadian Dollar unless noted otherwise.