Canadian stocks may continue their hot streak Thursday after the European Central Bank made a desperate push to stimulate the euro zone economy.
The ECB lowered its deposit rate further into negative territory and boosted the size and scope of its asset-buying program.
There has been some initial enthusiasm on Wall Street, but global stocks have struggled to maintain gains after the ECB's previous attempts at stimulus.
On Tuesday, the S&P/TSX Composite Index rose 81.85 points, or 0.61 percent, to 13,392.90, its ninth daily gain in the past ten sessions.
Gold futures fought back from steep early losses on the ECB news, while crude oil prices held near their highest since early December.
Magna International (MG.TO) is opening a new seat-making facility in China.
Sobey's parent Empire Co. (EMP.A) reported a $1.36-billion loss after writing down the value of its Safeway business.
First Quantum Minerals Ltd. (FM.TO) will sell its Kevitsa nickel-copper-platinum mine in Finland for $712 million.
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