The Canadian stock market ended modestly higher on Tuesday, snapping a three-day losing streak, amid renewed optimism about U.S.-China trade talks and on slightly easing fears about another U.S. government shutdown.
The Canadian stock market is modestly higher Tuesday morning, tracking positive cues from European and U.S. markets, where shares are surging higher on easing worries about another U.S. shutdown and optimism about trade talks.
Canadian shares look headed for a positive opening on Tuesday, tracking gains in European markets and on higher commodity prices. Somewhat positive news on border wall funding front and optimism about U.S.-China trade talks are also likely to aid sentiment.
The Canadian stock market ended lower on Monday, led by losses in healthcare, industrials and telecom sections.
The Canadian stock market is quite sluggish Monday morning, with investors making cautious moves, weighing current global economic conditions and uncertainty about the outcome of upcoming high level U.S.-China trade negotiations.
Higher U.S. futures and gains in European markets ahead of a fresh round of U.S.-China trade negotiations point to a positive start for Canadian shares on Monday.