S&P/TSX composite ekes out gain Tuesday, U.S. stock markets climb higher

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S&P/TSX composite ekes out gain Tuesday, U.S. stock markets climb higher
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TORONTO — Canada's main stock index eked out a gain Tuesday, while U.S. markets also rose. The S&P/TSX composite index closed up 2.79 points at 22,468.16. In New York, the Nasdaq and the S&P 500 both posted new closing records Tuesday.

The S&P/TSX composite index closed up 2.79 points at 22,468.16.

“The markets are certainly waiting for Nvidia’s earnings because that will tell them a lot as it relates to … the future of AI,” he said, adding that “investors have certainly flocked to that area.” Fed governor Christopher Waller said in a speech Tuesday he expects to see economic data continuing to moderate, but he would “need to see several more months of good inflation data before I would be comfortable supporting an easing in the stance of monetary policy,” unless the job market weakened significantly before then.

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