The Canadian market is up firmly in positive territory Monday afternoon with stocks from several sectors rallying sharply on sustained buying interest ahead of some crucial economic data and speeches from Fed officials.
Energy stocks are leading the charge, thanks to higher crude oil prices. Utilities, communications, real estate, financials and consumer discretionary stocks are among the other major gainers.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.